World Perspectives
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Southeast Europe Regional Analysis

Regional News The weather across Europe and the Black Sea remains widely variable with dramatically different implications for summer crop harvest and winter crop planting for each country. Broadly, conditions in France and northern Germany are too wet, which is delaying corn harvest and winter wheat planting (54 percent planted versus 70 percent on average). In the U.K., rains have also slowed winter crop planting which has increased feed wheat prices and will likely reduce winter barley area in favor of spring barley. As noted last week, WPI sources indicate there is concern about spring barley seed shortages. Elsewhere, Ukraine, Romania, and Bulgaria are too dry, which is reducing winter crop (most notably, winter wheat) area. Finally,...

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WASDE Soymeal

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feed-grains

WASDE Corn

USDA’s outlook for 2020/21 U.S. corn is for lower ending stocks.  For 2020/21, corn production is forecast 995 million bushels lower based on reduced planted and harvested areas from the June 30 Acreage report.  The national average corn yield is unchanged at 178.5 bushels per a...

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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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