Russian Grain Markets: 3-7 September 2012 Harvesting Updates The Russian Ministry of Agriculture announced that as of 10 September, farmers harvested grains and pulses on 31.6 million hectares (70.5 percent of the target), producing 58.5 MMT of grains (versus 71.5 MMT as of the same date last year) with an average yield of 1.85 MT/hectare (0.6 MT/hectare less than last year's yield).The country's bread basket, the Southern Federal District, produced 14.8 MMT (4.5 MMT less than the previous season) and with a yield of 2.6 MT/hectare (down from 3.24 MT/hectare). North Caucasus produced 4.8 MMT of grain, which is slightly more than half of last year's crop of 8.8 MMT. The region's yield dropped from 3.71 MT/hectare down to 2.3 MT/hectare...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.