Dry Weather Also a Problem in Brazil and Argentina The U.S. soybean crop would appear to be shrinking every day that the hot, dry weather continues across the Midwest. However, the U.S. is not the only place where dry weather is a problem. Both Argentina and Brazil are now in the midst of droughts that may threaten their 2014 soybean crops.It is planting time for soybeans in the Cerrados Region of Brazil, but it is so dry that farmers are not yet able to prepare their fields and plant. The driest areas are in the states of Mato Grosso and Goias, but it is also dry in parts of Mato Grosso do Sul. Current forecasts suggest that it may be another three weeks or so before enough rainfall is received to begin soybean plantings. A year ago,...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.