World Perspectives
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Mercosur Regional Analysis

Barley Argentina’s final barley planted area is between 850,000 and 900,000 hectares, down 1 million from 2019. Assuming all goes well this growing season, production should be near 3.5 MMT.   Fields in the core area are suffering from a lack of rain and this may dampen final yields. Most of the crop, however, comes from the south of the core agricultural area and the soil moisture there is good. Cold temperatures and frosts are delaying growth slightly, but not enough to cause worries at this time.  The geopolitical conflict between China and Australia is giving Argentina an excellent opportunity to expand its barley exports. According the export license declarations and private estimates, Argentina will ship at lea...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $4.2375/bushel, up $0.03 from yesterday's close.  Mar 21 Wheat closed at $5.885/bushel, up $0.1125 from yesterday's close.  Jan 21 Soybeans closed at $11.53/bushel, down $0.09 from yesterday's close.  Jan 21 Soymeal closed at $385.6/short ton, down $4.6 from...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Livestock China’s Number Three Hog Producer Reports Strong Sow Recovery China’s third largest live hog producer, Zhengbang Technology Company Limited, reported that its sow inventory is on track to reach 1.4 million head by the end of 2020. The company’s outlook for 2021 is ev...

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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.

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