Although Argentina clearly has a big problem with its soybean crop, record production is expected in neighboring Paraguay and Uruguay. Meanwhile, the Amaggi-Louis Dreyfus joint venture in Brazil has a new partner. Severe Flooding in Argentina with More Possibly on the Way After heavy rains flooded over 1 million hectares soon after Christmas, much of the same area was pounded again this past weekend. The hardest hit areas were in Santa Fe Province where 5-13 inches of rain fell. Parts of Cordoba Province were also impacted. Because the area is very flat, fields were flooded and will likely remain so for days or weeks. Meanwhile, the government of Santa Fe Province indicates 4 million hectares there were affected with 1.5 million hectares...
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.