There was much publicity several weeks ago about Russia being a beneficiary of the U.S. – China trade war due to stronger soybean sales. The two agreed to “deepen trade in soybeans” and Russia vowed to grow more. But Russia cannot even keep up with the pace of its own expanding soybean consumption. Russian wheat prices are reportedly buoyed by stronger domestic consumption but the pace pales in comparison to the increase in production. Wheat production has been expanding at a 5.74 percent annual rate while consumption is growing at an anemic 0.23 percent. The production of corn has also outpaced Russian consumption. This is the reason that wheat and to a much lesser degree corn have become growing export products for Russ...
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.