Bountiful Monsoon Brings Bumper Paddy Crop Expectation The 2013/14 crop area under paddy is estimated at 19.638 million hectares against last year's 18.424 million hectares, which is a 1.2 million hectare increase. The Government of India (GOI) has set a target to procure 34.5 MMT of rice in MY 2013/14. The procurement was 34 MMT in MY 2012/13 and 35.06 MMT in MY 2011/12.Areas that have reported higher area under paddy include Uttar Pradesh, Gujarat, Punjab and Arunachal Pradesh while the states of West Bengal, Odisha (Orissa) and Andhra Pradesh have reduced area under paddy.According to the Indian Meteorological Department (IMD), about 83 percent of the country had received normal or excess rainfall from the Southwest monsoon which be...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.