In order to supply European firms seeking non-biotech soybeans and soymeal, the German farming company KTG Agrar AG has sharply increased its plantings of this soybean variety over the past few years. However, some reports suggest a reason why demand may be abating. German Company Expanding Non-Biotech Soybean Production The German farming company KTG Agrar AG grows approximately 45,000 hectares of crops annually. In order to supply European firms seeking non-biotech soybeans and soymeal, it has sharply increased its plantings of this soybean variety over the past few years. The company is growing 11,000 hectares of the crop this year in Romania, Germany and Lithuania, up from 7,000 hectares last year. It did not produce soybeans until 20...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.