- Today is WASDE day with USDA’s release of this month’s edition. The April WASDE is normally uneventful with South American crop production levels largely narrowed down to within a couple of MMT of the final numbers. Domestic and world demand trends have been established, and with export offers priced well out into summer, trade flow patterns can be predicted. It is in the May WASDE that USDA takes its first shot at estimated 2019/20 supply/demand balances, which will be eagerly anticipated. - China remains the wild card. If/when a trade agreement is finalized with the U.S., China may commit to buying quantities of U.S. grain and soybeans that do not logically fit into current and expected price/trade patterns. Moreover, the i...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.