Ukraine has exported 11.237 MMT of grain as of 27 October 2014 and from the beginning of MY 2014/15. Included were 6.27 MMT of wheat, 1.624 MMT of corn, 3.206 MMT of barley and 137,000 MT of other grains. Russian Grain Markets Harvest Update According to the Russian Ministry of Agriculture, 107.4 MMT of grains and leguminous crops have been harvested on 43 million hectares (95.3 percent of the target) as of 28 October. Included were 61.3 MMT of wheat (2.61 MT/hectare), 21 MMT of barley (2.35 MT/hectare) and 9.4 MMT of corn (4.54 MT/hectare). There were also 8 MMT of sunflower seed produced from 5.6 million hectares (1.43 MT/hectare) and 2.2 MMT of soybeans from 1.6 million hectares (1.36 MT/hectare). Market Trends: 20-24 October 2014 G...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.