Argentine Dryness an Increasing Concern The market is increasingly concerned about the ongoing dryness in Argentina and its possible impact on that country's 2013 soybean crop. A weather system that was expected to bring rain over the weekend did not do so, and the forecast for the next 10 days shows little chance of significant rainfall. Daily high temperatures are expected to be in the upper 80s and low 90s this week, except on Saturday when the high in Rosario is forecasted at 95 degrees Fahrenheit.After receiving excessive rainfall in November and December, Buenos Aires province saw only 30 percent of normal rainfall in January. Last month, rainfall also was below half of the average in the provinces of Santa Fe, Cordoba and Entre Ri...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.