The Genetic Engineering Appraisal Committee (GEAC), the government of India’s regulator responsible for issuing clearances for field trials of GM crops and import/export of GM seeds, has deferred permits to import biotech soymeal and DDGS this year. Argentine Corn, Wheat and Sunflower Plantings Forecast After the government of Argentine President Mauricio Macri eliminated export taxes on wheat, corn and sunseed in December, it was noted here that plantings of those three crops might double in the next three years. This prediction was based on their increased profitability without export taxes and the desire of farmers to improve the crop rotations. They sowed twice as much land to soybeans as all other field crops in 2015/16 because of po...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...
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.