Paraguay is Becoming a Big Commodity Player Paraguay is incorporating better technology in their farm practices and the results are evident as the production volume and export pace increase from year to year. The chart below shows the increase in corn production while wheat production is flat. Soybeans suffered from a drought in the 2011/12 season but production is expected to recover to prior levels.Paraguay's corn exports continue to increase and we are expecting a total export of 2.3 MMT, 1.1 MMT more than the past campaign. The nation's soybean exports are expected to rebound about 45 percent to 3.5 MMT for 2012/13. A cap has been place on even more aggressive export growth by logistical constraints.Because it is land-locked, Parag...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...