Ukrainian milling wheat prices quoted by traders grew as did those at the UBS ports. Traders’ feed wheat bid prices also increased along with export prices. Meanwhile, feed barley FOB prices remained stable, and domestic corn prices moved in different directions. Russian Grain Markets Planting update Spring crops were planted on 836,000 hectares (1.6 percent of the target) as of 28 March 2016, including grain crops on 613,400 hectares (2 percent of the target). Market Trends: 14-18 March 2016 Wheat and barley prices at the Russian market continued decreasing (in RUB expression), rye prices grew, and corn prices changed insignificantly. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$4.60/MT), Black Soil a...
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.