USDA will release its first estimate of U.S. winter wheat production on 10 May, but this week’s Kansas crop quality tour will provide a reasonable idea of what to expect.The Kansas crop quality tour will take place this week. The odds are high that participants will find the wheat crop at least as big as last year’s and likely somewhat larger. This will probably be true for the entire U.S. hard red winter wheat crop as well. That might be surprising to some since the entire U.S. winter wheat planted acreage is projected to drop 8 percent from last year, according to USDA’s 31 March acreage estimate. Hard red winter wheat and soft red winter wheat plantings are estimated to be down 3.2 million acres and 400,000 acres, respectively. In additi...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.