Ukraine exported 29,100 MT of flour during August 2015, a 60 percent increase compared with the same month a year ago, while the total volume for July and August was the largest in the past 18 years. Russian Grain Markets Harvest Update 88.7 MMT of grain were harvested from 36.2 million hectares as of 21 September 2015 (77.2 percent of the target) compared with 85.1 MMT as of the same date a year ago. This specifically included 58.3 MMT of winter and spring wheat from 22.2 million hectares (82.6 percent of the target) and16.8 MMT of winter and spring barely from 7.3 million hectares (82.3 percent of the target). Also produced were 3 MMT of corn from 591,600 hectares, 2.4 MMT of sunflower seed from 1.2 million hectares (17 percent of the...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.