The Future of Food II Foodies are working hard to return the food system to the good old days, but actual consumer choices make high-technology food the likelier destiny. The Tightening World Wheat Outlook Significant wheat production and supply problems are developing or have already developed for other exporter origins to suggest that demand for U.S. wheat should pick up during the second half of the U.S. crop year, perhaps dramatically so. Soybean Yields Keeping Up With Corn Yields Corn plantings in the U.S. have increased more since 2000 than soybean plantings have, mainly because farmers perceive corn yields have grown faster than soybean yields and that profits from corn are greater than soybeans. However, national average yield...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...