It occurs to us that if nothing else, the flipping of the calendar page to May will force a re-examination of the perceptions that directed the market's price performance during March and April.It is the first day of May, and spring appears to be finally arriving in the central U.S. Weather models project considerably warmer weather starting this weekend and lasting at least through most of next week. Perhaps soil temperatures in northern Iowa and southern Minnesota will actually climb into the 50 degree F range. Precipitation should be much lighter and more scattered than the deluges of rain and occasional snow that pounded the Midwest with regularity during April. Substantial planting progress should be possible during the next 10 days.So...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.