In the last few years, food retailers in Europe have shifted away from requiring that the pork and poultry meat they market be fed only with non-biotech feed ingredients as the new marketing approach is to cite their products as being more sustainable. NOPA January Soybean Crush Falls Below Analysts' Forecast Today's National Oilseed Processors Association (NOPA) soybean crush report for January showed the volume crushed by NOPA members for the month fell to 156.943 million bushels (4.27 MMT). That was not only below the record 165.384 million bushels (4.5 MMT) in December, but also below the average forecast of analysts surveyed by Reuters of 162.4 million bushels (4.42 MMT).The NOPA report indicated the average oil yield in January was...
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
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.