A comparison of today’s calculations with those of 2011 provides insight into one of the driving forces behind the rapid escalation in land values during the bull market.The numbers are in! The 2017 minimum crop revenue assurance price guarantee for soybeans is the highest it has been since 2014. WPI previously wrote about how such a level will provide another significant reason for farmers to plant more soybeans in 2017 (see Ag Perspectives, 14 February). The following table provides a recent history of price guarantees through 2017:The significance of these minimum price guarantees is that farmers can now calculate their guaranteed revenue per acre under the federal crop insurance programs. If the harvest price calculation is higher...
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Kolkwitzia amabilis /kɒlˈkwɪtsiə əˈmæbɪlɪs/,[2] commonly known as beauty bush, is a species of flowering plant in the family Caprifoliaceae. It is the sole species in genus Kolkwitzia.[1] It is a deciduous shrub grown as an ornamental plant. In China, where it originated, the plant is cal...
The Olympic marmot (Marmota olympus) is a rodent in the squirrel family, Sciuridae. It occurs only in the U.S. state of Washington, at the middle elevations of the Olympic Peninsula. The closest relatives of this species are the hoary marmot and the Vancouver Island marmot. In 2009, it was decl...
The yellow-bellied marmot (Marmota flaviventer), also known as the rock chuck, is a large, stout-bodied ground squirrel in the marmot genus.[2] It is one of fourteen species of marmots, and is native to mountainous and semi-arid regions of southwestern Canada and western United States, includin...
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.