Datagro Forecasts Brazilian Soy Crop at 113 MMT The Brazilian firm Datagro today raised its forecast for Brazil’s 2019 soybean crop from 112.1 MMT to 13 MMT. In doing so, it followed the lead of other analytical firms that have increased their estimates based on recent harvest results. Datagro now estimates Brazil will export 68.5 MMT of soybeans in its current marketing year, down from 84.45 MMT in the previous marketing year. Growing EU Poultry Meat Production and Soymeal Demand The EU’s expanding poultry sector must now be a growing user of soymeal. According to Eurostat, the EU’s production of poultry meat rose to 15.2 MMT in 2018, a new high and up approximately 3.2 MMT since 2010. Meanwhile, USDA estimates...
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.