WHEAT Harvest progressed by 11.5 percent during the week, lifting completion to 45 percent of the harvestable area. Fieldwork moved across the central agricultural region at a normal pace, with yields continuing to surpass historical averages. Most of the remaining standing area was either drying down to meet delivery standards or reaching the final stages of grain filling. While harvest progress aligned with recent years’ averages, yields remained clearly above them, and production estimates stayed above 25 MMT. Activity slowed in parts of the core region due to scattered rains but yields there remained exceptional at around 6 MT/ha, with some fields exceeding 10 MT/ha. Truck deliveries to ports stayed notably high. Nearly 2 MMT of w...
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.