It's important to remember that the numbers released yesterday are really just snippets from the baseline projections that will be released in full in February and are not based on any farmer surveys.USDA released a few selected tables yesterday from its baseline projections. The complete report won't be available until 11 February. The numbers were sort of lost in the turmoil of yesterday's 400+ point gain in the Dow, the very volatile wheat markets and of course all of the uncertainty in energy markets and Russia. There really wasn't anything unusual in yesterday's numbers for MY 2015/16.USDA pegs 2015 U.S. planted corn acres at 88 million, down from 90.9 million in 2014. It is using a yield of about 168 bushels/acre. That is a decline fr...
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...
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.