U.S. farmers are starting to face the ugly reality that $3.50-4.00 corn, $8.50-9.00 soybeans and $5.00 wheat simply don’t work, even with big yields. Like elsewhere around the world, the result is likely to be fewer planted acres and reduced crop inputs in 2016.This week’s Mercosur Regional Analysis (see Ag Perspectives, 30 September 2015) included a discussion regarding how farmers in Argentina are losing money at current price levels there and will continue to do so (based on those prices) on substantial portions of the expected corn and soybean areas, which could result in a steep decrease in acreage. WPI has addressed this topic on numerous occasions in the recent past. For some reason, many (if not most) analysts believe these low pric...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
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.