Regional News Interfax reports that Russia is considering a full ban on the export of wheat, barley, maize, and rye starting Tuesday, 15 March that would last through 30 June. The Interfax report comes after Reuters ran a story saying Russian grain traders are slowly resuming their export programs, though logistics and maritime navigation through the Azov and Black Seas remain difficult. Unsurprisingly, consultancy APK-Inform predicts spring crop planted area in Ukraine will fall 40 percent to 4.7 Mha this year. The firm also predicted that the ongoing war and supply chain issues could result in a 28 percent decrease of winter crop harvested area. Ukraine banned the export of mineral fertilizers to support its domestic market...
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.