Regional News Ukraine’s UGA grain traders’ union said it looks for the country’s wheat harvest to fall 45 percent to 18.2 MMT this year and that corn production could fall 38 percent to 23.1 MMT. A favorable shift in weather conditions will aid Ukraine’s newly-planted spring crops and likely aid in seeding additional area (where fuel restrictions and various implications of the war, like land mines, will allow). Russian farmers have seeded spring crops on 0.563 Mha so far, up from 0.36 Mha this time last year, aided by favorable weather. Since the end of November 2021, more than 13 million poultry birds have been culled in France due to bird flu outbreaks. Through 8 April, France has repor...
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.