Wheat exports from Germany, Poland and the Baltic states are higher than a year ago. However, they are significantly slower from France (the biggest EU producer and exporter). Strategie Grains is projecting the 2014/15 EU ending stocks at 21.2 MMT versus 10.6 MMT last year. Milling Wheat The Black Sea market is about unchanged. Russia has exported approximately 10.5 MMT of wheat since the start of the campaign, which is about half the projected exportable surplus. Farmers in Ukraine and southern Russia have planted about 80 percent of the winter wheat. A front of freezing temperatures and heavy precipitation is expected to cross the region in the coming days. If the bad weather persists for an extended period of time, the planting of the...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...