Wheat Argentina Argentina’s wheat harvest is 54 percent complete after advancing 8.5 percent last week. Yields in the center and south of the agricultural area continue to surprise with values 0.3-2.03 MT above expectations. In the nucleus region, with harvest nearing the end yields are averaging 5.3 MT/ha, with minimum reported values of 4.5 MT/ha and maximum yields of 7.3 MT/ha. The South of Buenos Aires province is just starting to harvest with first yields slightly above expected. Given the above scenario, the grain exchanges again increased their crop estimates. The Buenos Aires Grain Exchange raised its forecast from 20.3 MMT to 21 while the Rosario Grain Exchange increased its projection from 20.4 MMT to 22.1 MMT...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.