Argentina's farmers have been seeking the recently enacted changes in the country's export policies to boost their incomes as well as improve their crop rotations. The big question is how much land will be planted to wheat, corn, soybeans and sunseed in the future. Survey Finds U.S. Farmers to Reduce Soybean and Increase Corn Plantings A Farm Futures survey of more than 1,550 U.S. farmers found that they plan to reduce their soybean plantings in 2016 to 82.2 million acres from last year’s 82.7 million acres. It also revealed that they intend to plant 89.5 million acres of corn this year, up from 88 million acres in 2015, as well as 13.3 million acres of spring wheat and 8.25 million acres of sorghum, a decrease of about 2.5 percent from l...
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...
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.