Corn Argentina’s corn planting is 94 percent completed across the expected 6.3 million hectares (Mha). Recent rains in the center and north of the country have resulted in modest crop rating improvements, but some areas are still suffering from drought. Now that the corn planting is nearly complete, there are interesting trends to analyze. The total planted area will be 150,000-200,000 hectares lower than last year, with decreases in the center and northern parts country. Conversely, planted area increased in the south. Early drought conditions during planting impacted the final corn planted area as well as the spread between early- and late-planted corn. Central and northern parts of the country were forced to de...
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.