Corn Argentina At the beginning of July, Argentina’s corn harvest started moving quickly and since then has covered almost 50 percent of the area. Now one can say that its essentially finished, as the remaining 5 percent yet to be collected is on margin lands and will take time. Delays during May and June meant that more than 3 Mha were harvested from July through mid-August, which is the biggest area harvested during that time in at least five years. Consequently, the arrival of trucks to ports was considerably higher than in previous years. Upriver ports received 151,648 trucks during the period (equating to 4.4 MMT of corn, 27 percent more than 2020) and south ports received 48,400 trucks (1.4 MMT – 31 percent...
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.