Most have blamed currency exchange and inflation issues for the lack of active selling by Argentine farmers. However, there are some differences of opinion about the size of the farmers' soybean supplies.The soybean and soymeal markets have maintained their strength throughout a much better-than-expected U.S. soybean harvest and as the planting season in Brazil and Argentina is underway with no major problems in sight. Every analyst is forecasting a record crop in Brazil that could be as large as 88 MMT, exceeding last year's crop by 6 MMT. Brazil has had big logistical issues gathering and transporting that big crop, and vessel delays still persist in the major export corridor of Paranagua. Nonetheless, they have loaded out as much as 30 p...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...