The November WASDE was expected to be bullish, but USDA’s actual numbers surprised even the most ardent corn and soybean bulls. One of the biggest surprises was the larger-than-expected cut to 2020/21 U.S. corn ending stocks, based largely on a huge export increase. The soy complex certainly received bullish news as well with USDA cutting 2020/21 ending stocks to their lowest levels since 2013/14. Heading into the report, the industry thinking was that 2020/21 corn ending stocks would need to fall below 1.9 Bbu to be bullish, and soybean ending stocks would need to fall below 200 Mbu. UDSA met both of those objectives for creating a bullish market response. Moreover, cuts to both world and U.S. ending stocks for corn, soybeans,...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
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.