The 30 June acreage figures will be etched in stone at the top of everyone's 2014/15 supply/demand estimates for the entire crop year until or unless they are subsequently changed months from now as a result of data compiled by the FSA.By now, anyone even remotely interested in grain and soy markets is aware that 30 June, next Monday, is a very important day in determining the future price action of those markets. That is the day USDA will release its 1 June planted acreage estimates and the 1 June quarterly stocks report. USDA's 1 June planted acreage estimates are considered to be final, although unusual regional weather circumstances during a planting season have occasionally prompted USDA/NASS to resurvey acreage in the affected states...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...