If the U.S. does produce a huge soybean crop this fall that causes soybean prices to fall well below $10/bushel, the greatest short-term impact likely will be on soybean plantings in Brazil.Yesterday's USDA crop plantings reports were a bit of a shocker in that they indicated U.S. farmers this year have planted, or will plant, 84.839 million acres (34.334 million hectares) of soybeans. USDA is forecasting the harvested area at 84.058 million acres (34.02 million hectares). The planted area estimate is 8.306 million acres (3.361 million hectares) greater than last year, and the estimated harvested area is 8.189 million acres (3.314 million hectares) larger than last year. The planted area also is 7.388 million acres (2.99 million hectares) g...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.