Corn Argentina Argentina’s corn harvest is making slow progress with high soil moisture and high grain moisture preventing fieldwork. Farmers collected just 2 percent of planted fields last week, bringing the total harvest to 14.2 percent. The harvest delays are making logistics more complicated and various participants in the corn value chain are getting nervous. The market knows that once conditions become favorable for harvesting soybeans, farmers will switch their focus to that crop. The corn harvest, consequently, is often delayed and it is impossible to recover the time lost in the short run. To make matters worse, showers are forecast for Argentina this week, that will further delay the corn harvest. The number...
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.