Corn Argentina’s corn harvest is still moving slowly due to high moisture content in the grain. Harvest has advanced just 8 percent in the past two weeks. Since farmers started harvesting the first crop in March, the pace has always been below normal. At the beginning of the harvest, weather conditions slowed progress, then farmers switched to harvesting soybeans. Now, the high moisture content of the grain is delaying harvest. Total harvest is just 56 percent of the planted area, a delay of 30 percent from last year. Yields are still coming in and the market and different agencies/exchanges are issuing their yield outlooks. The total crop is still pegged between 48-49 MMT. Logistics have been good recently with a solid 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
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.