World Perspectives
feed-grains soy-oilseeds

Record U.S. Corn and Soybean Yields?

There has been a great deal of conversation over the past several weeks about the possibility that U.S. corn and soybean yields might be much better than current estimates. That higher yield speculation is of course the result of great weekly crop condition ratings. In the past week, however, the tone of this yield chatter has started to change a bit. Following are a few reasons why: The southern Plains drought situation hasn’t improved and has continued to slowly creep into southern Iowa, Missouri, eastern Kansas and Arkansas. Part of eastern South Dakota and western Illinois are also turning dry. The saving grace for these dry pockets might be that temperatures have returned to normal, which is also the extended forecast. What do...

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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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