Corn Good weather has allowed Argentina’s corn harvest to advance to 7 percent of the total area. Rains expected for the end of this week might slow harvest for a few days, however. So far, reported yields are within the normal/average range. The crop is generally in good condition, but the growing drought has increased the share of corn rated as fair/bad condition from 6 to 13 percent in just one week’s time. This is mainly the late planted corn that is suffering from a lack of soil moisture in the middle of the grain filling stage. Fortunately, the expected rains later this week should help restore soil moisture levels and reduce yield impacts. The rate of grain truck arrivals to export ports is still aver...
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.