The sanctions battle between Moscow and Washington continues apace, and it seems only a matter of time before Russia starts arbitrary restrictions on imports of American agricultural products. Sugar Pot Calls Sugar Kettle Black U.S. sugar producers filed petitions to have antidumping and countervailing duties imposed on sugar from Mexico. They fault subsidies for causing Mexico to dump sugar on the U.S. market, as opposed to the subsidies that the U.S. industry receives. Quotas short the market and thus provide U.S. producers with artificially higher prices, and the government spent nearly $300 million last year helping growers avoid forfeitures. By contrast, the Mexican government has been trying to reduce its role in sugar production. M...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.