Not very often do North and South America enjoy such similarly beneficial weather for spring planted crops during the same crop cycle as has been seen during 2014/15, and the results are predictable for this year's Brazilian soybean production.In 2014, U.S. soybean farmers enjoyed mostly favorable weather conditions throughout the summer growing season. They were about as good as it gets over such a huge land mass that extends from the Dakotas to the Gulf and from the piedmont regions near the Atlantic Ocean to the eastern Plains, although not perfect everywhere the crop is produced. The result was a new record national average yield of 47.8 bushels/acre and a record soybean crop approaching 4 billion bushels.After some early planting delay...
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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...