Planting on New Policy Transfer payments, technocrat speak for taxpayer money given to beneficiaries, amount to around 5 percent of farm income and can only be considered to have marginal impact on planting decisions, but they do have an impact. EU Grains Planting: A Closer Look Grains and oilseeds plantings in the EU tend to be relatively stable. However, crop shifts at member state level can be significant nonetheless, and the impact of such shifts may be greater on the cost side of farming. Increased North American Oilseed Plantings in 2014 USDA is forecasting U.S. soybean plantings to increase by almost 4 percent and the Canadian government is forecasting an 80 percent increase in that country's canola plantings in 2014. Rising Co...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.