Wheat Warm weather is allowing the Argentine wheat harvest to move more quickly now, registering a weekly progress of 13.6 percent last week. Presently, 53 percent of the total wheat area is harvested, running 8 percent behind last year’s pace. The harvest is already finished in the north and center of the agricultural area, which represents roughly 46 percent of this year’s wheat area. Yields in this area were 40-50 percent below the five-year average. Yields are improving, however, as the harvest moves further into the southern parts of the agricultural area. The average yield in this region is 4-4.4 MT/ha and is expected to continue increasing. The weather was good during all stages of crop development for this region, so y...
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.
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...