Forecast for Argentine Soybean Crop Reduced Again The Buenos Aires Grain Exchange today lowered its forecast for the Argentine 2018 soybean crop from 47 MMT to 44 MMT because of the ongoing drought. It indicated conditions continue to worsen and seemed to suggest there could be a further reduction next week. Noticias Agricola reported that a survey of farmers found that this year’s soybean yields are expected to be 15-20 percent below normal in 92 percent of the planted area. It was indicated that some of the driest parts have received only 15 percent of their normal rainfall in the current growing season. The greatest damage has been done to late-planted and double-crop soybeans (planted after wheat). Reuters reported today that Ar...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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.