Value of Grain The loss of corn exports from Ukraine is revealing the value of technology biases. While the EU is rich and chose to loosen pesticide standards on imported corn in response to the loss of Ukraine’s non-GMO corn supply, Kenya is instead considering a less stringent threshold for GMO content in imported corn. The cost of non-GMO corn imports has increased 29 – 36 percent since Russia invaded Ukraine. Kenya’s dairy cows and poultry have not expressed an opinion about the use of one technology or the other, but those buying the feed understand the economic difference. Technically, both technologies are approved by scientists. Under-Staffed Elaine Trevino was nominated to be U.S. Chief Agriculture Negoti...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.