South American Soy Crop Forecasts Reduced Further The drought in South America continues to take its toll, according to crop analysts. Yesterday the Brazilian firm Celeres reduced its forecast for the Brazilian crop from 69.83 MMT to 67.97 MMT. It blamed very poor yields in southern Brazil for the cut in its forecast.Today the Rosario Grain Exchange reduced its forecast for the Argentine soybean crop from 44.5 MMT to 43.1 MMT. That is getting close to the estimate made by a private forecaster who last week predicted the Argentine crop would not be more than 42.5 MMT.Oil World did not change its forecasts for Argentine and Brazilian soybean production in its latest weekly newsletter. However, it indicated that conditions have worsened in...
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: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...