General Comments According to some accounts, over 40 percent of the U.S. crop-growing regions received moisture over this past weekend. The problem was that most of those areas received less than ¼" and many received just a trace. There are continuing chances for widespread rain showers or isolated thunderstorms through the next few days across much of the Corn Belt. The two-week temperature outlook is still below-to-much-below normal virtually across the entire northern half of the U.S.Weekly export inspections were again above expectations for wheat and corn and small for soybeans. Soy Complex FUTURES Soybeans were down as much as nine cents in the November contract overnight, but spent much of today trading slightly lower to slig...
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...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.