While the May WASDE provides a first look at USDA's analytical insights for the following crop year, it seems the remainder of each old crop year can no longer be taken for granted. Tomorrow's report will likely raise a number of issues and questions for markets.USDA's May WASDE will be released tomorrow, 9 May. As we have noted before, USDA analysts will present their first real look at the new 2014/15 crop year with projections on production, supply/demand balances and prices. These always assure a high level of interest in each May WASDE, although new crop projections made in early May seldom provide the market-moving intensity of WASDEs issued later in each crop year.Of course, the 2013/14 crop cycle is far from over for crops other tha...
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.