Cattle Efficiency It's been said that a statistician can have his feet in a bucket of ice and his head in an oven and declare that "on average" he feels fine. On average, weather is back to normal. That's not helping the cattle market, however, because the coasts are receiving extra rainfall, whereas the middle of the country -- cattle country -- is still stuck in a drought. So even though cattle are in tight supply, prices are held in check because of weather concerns. Moisture in the heartland would rally the feeder market. But, with topside pressure on feeder cattle prices and the warm weather in much of the country, feed yards are starting to see some gains. Feed gains in the warmer weather are seasonally high. Moreover, feed addi...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.