USDA’s delay of its quarterly agricultural trade report, and exclusion of its typical explanatory text, raised concerns because the moves raised questions about the objectivity of the data. The bottom line is that the trade is uneasy about USDA statistics now. USDA data is considered a go...
Corn Argentina’s corn harvest advanced 3.3 percentage points over the past week and reached 43.8 percent of the estimated area nationwide. Progress remains slow due to high grain moisture and inaccessible soils in some regions. Still, harvest pace is 8 points ahead of last year &mda...
Regional News Russia’s recent strikes against Ukraine and poor progress in peace talks between the two countries in Istanbul have added “war risk” premia back into several markets, including wheat. Farmers in Spain and France were protesting, again, agricultural im...
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.