The Russian Ministry of Agriculture announced that 29.065 MMT of grain were exported as of 3 June 2015 and from the beginning of MY 2014/15, a 17.7 percent increase. Meanwhile, Ukraine reported exporting 32.721 MMT during the same period. Russian Grain Markets Planting Update Spring crops were planted on 49.6 million hectares (95.6 percent of the target) as of 8 June 2015, which included grain crops on 30.1 million hectares (96.9 percent of the target). Spring wheat was planted on 13.1 million hectares (99.4 percent of the target), spring barley on 8 million hectares (97.5 percent of the target) and corn on 2.7 million hectares (95.6 percent of the target). Sunflowers were planted on 6.7 million hectares (101.6 percent of the target), sp...
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.