World Perspectives
feed-grains soy-oilseeds

Weather, Crops and Prices

Ever since USDA began providing this year's first weekly crop condition reports up to the present, the conditions reported for corn and soybeans have sparkled, and markets have acknowledged the (so far) good-looking prospects for both crops.The holiday weekend came and went without any significant change in the weather outlook for the central U.S. That is to say, temperatures are to remain relatively cool for mid-summer, and sunshine should be abundant with a rain event likely to move across every few days. June was extremely wet over most of the Corn Belt, which has wiped out any lingering pockets of drought and left the best soil moisture conditions in many years. The water-logged upper Midwest should dry out rather quickly. It would be h...

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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.

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