Regional News Cold temperatures are forecast for most of western and all of eastern Europe and Ukraine this week while southern Russia sees a slightly warmer trend. The cold weather is increasing the risk of winterkill in winter wheat crops from eastern Europe through Ukraine. Scattered showers will bring beneficial moisture for crops that are dormant in the north as well as crops in the south that are starting to vegetate. WPI notes crops in southern Russia will see warmer-than-average weather this week but bitter cold temperatures next week, that will significantly increase winterkill risks for the region’s wheat. Russia’s Ag Ministry has officially distributed the remaining 17.5 MMT grain export quota for 15 Feb...
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.