It is almost the end of December and it is still raining across much of Argentina. The forecast this week still looks wet. Over the weekend 1-2 more inches of rain fell across Cordoba, Entre Rios and parts of Buenos Aires. It also was extremely hot in some of these same regions, with temperatures above 100 degrees Fahrenheit reported. Needless to say, it has been a very unusual and frustrating season for farmers in Argentina. Because the rains won't stop, corn and soybean plantings as well as the wheat harvest have been stalled.An associate of mine manages a large farming operation in Cordoba and also has interests in other parts of Argentina. He sent me an update of conditions along with his opinions over the weekend. Here are his though...
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.
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...