Wheat Weather conditions are still working against the 2020/21 wheat crop. Planting activity, mostly focused in the South of Buenos Aires, is moving slowly (1.8 percent weakly progress) due to excess soil moisture. Almost 95 percent of the expected area (6.5 Mha) is planted, but farmers are having difficulty finishing the remaining fields. Conversely, Cordoba, Santa Fe, and areas in northern Buenos Aires have not received meaningful precipitation in the past 90 days, and the situation is turning dire. Crops are deteriorating and there is an increasing share of the winter wheat crop rated as “regular” condition. In these areas, planted area fell 10 percent from the prior year. At the start of planting season, WPI was expe...
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.