While activists to Ukraine’s east decry Big Ag and romanticize about the superiority of small, inefficient farms, Kiev’s new law will enable the buying and selling of farmland beginning 1 July. The government hopes that a well-functioning land market will lead toward bigger, more efficient farming and bolster investment. Smaller, less efficient farms result in Ukraine’s yields being a third less than the U.S. in corn and a quarter less than in the EU next door. The buying and selling of land were prohibited in 2001 and with farmers limited to leasing smaller lots, the number of agricultural workers per hectare has risen rather than fallen, hurting improvements in total factor productivity. Opponents fear that foreig...
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.
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
The CBOT/CME markets and our offices will be closed tomorrow, Friday, 19 June in observance of the U.S. Juneteenth holiday. Please note that the next Ag Perspectives will be published on Monday, 22 June. ...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Russian Grain Markets: 8-12 June 2026 The Russian grain market was highly volatile during the week. The export market, the primary driver of domestic prices, remained stagnant, and bearish sentiment persisted. Weaker demand and expectations for a strong upcoming harvest encouraged exporters to...