Lieutenant General Mi Zhenyu, former deputy director of the Chinese Academy of Military Science, recently wrote that the inclusion of soybean protein from biotech soybeans in foods has caused birth defects, depression, infertility and many other maladies, singling out only the biotech soybeans imported from the U.S. NOPA Crush in April Totaled 132.667 Million Bushels The National Oilseed Processors Association's (NOPA's) monthly soybean crush report for April was released today, which indicated that its members crushed 132.667 million bushels (3.61 MMT). The volume was slightly greater than the average estimate of analysts surveyed by Reuters. It was down sharply from 153.84 million bushels (4.19 MMT) crushed in March 2014, but up from th...
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.