Warm weather and rains in some regions of Ukraine during the first week of November produced favorable effects on winter crop development in a number of regions, but the eastern part of Ukraine still experienced a deficiency in soil moisture. Russian Grain Markets Harvest Update As of November 9, 2015, Russian farmers harvested 107.1 MMT of grain in bulk weight from 43.8 million hectares (98.7 percent of the target). That is 1.8 MMT less grain harvested from 200,000 more hectares than as of the same date in 2014. Specifically, farmers harvested winter and spring wheat on 25.5 million hectares (99.8 percent of the target) and produced 63.9 MMT of all wheat. Barley was harvested from 8.2 million hectares (99.9 percent), yielding 18.3 MMT p...
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.