Corn Argentina’s corn markets are largely following the past few week’s trend. Farmers seem to be increasingly comfortable selling corn rather than soybeans, which is resulting in strong corn volumes each week. Last week started with slow origination and small volumes through Wednesday as exporters tried to push prices lower. They failed as farmers only sold small volumes. Once exporters increased bids, larger volumes started appearing again. At the end, over 600,000 MT of corn was originated for the first week of March 2021. FAS prices were slightly below those of the prior week, which helped ease replacement values. Corn is worth about 48K for spot position and 55K for April and May delivery in the FAS mar...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.