The Westervelt Company

Press Releases

04/13/10: Commitment to Safety Results in Industry Gold Award (The Westervelt Company)
Demonstrating its commitment to a core value – safety – The Westervelt Company has been awarded insurance provider Liberty Mutual Group's prestigious Gold Award for its 2009 performance, which placed the organization within the top 15% of its industry.

01/14/10: Are The USDA Numbers Overstated? (Lanworth)
The highest corn yield ever by a country mile, and record production estimates for both beans and corn might not paint quite such an accurate picture as the USDA would like to make out. (Nogger's Blog)

01/14/10: Lanworth and Test Weights (Lanworth)
As DTN reported Wednesday, private analyst Lanworth is still telling its clients it expects USDA to ultimately lower its tally of corn and soybean production. The firm's disagreement with USDA data seems to center on test weights. (Market Matters Blog)

01/14/10: WETLANDS RESTORATION AT GARCON POINT ENHANCED BY MITIGATION BANK (Westervelt Ecological Services)
Pensacola, Fla. – With restoration of plant and animal habitat – mostly wetlands, pine flatwoods, and native prairie – on 1205 acres in Santa Rosa County underway for nearly two years, Pensacola Bay Mitigation Bank (PBMB), a project by private mitigation company Westervelt Ecological Services, has been approved by agencies with the first issue of credits now available.

12/14/09: Lanworth Doesn't See Record Production in U.S. or Argentina (Lanworth)
I was one of the guest speakers at the CME's Market Outlook seminar in Sao Paulo last week, which also included Chicago-based agricultural intelligence company Lanworth. During his informative presentation, Lanworth president Shailu Verma, explained the company's methods for providing improved crop forecasts using a combination of satellite imagery, "causal" computer models and on-the-ground verification. (DTN/The Progressive Farmer)

12/01/09: Soybeans Rise, Reversing Earlier Losses, on Demand Optimism (Lanworth)
Soybean futures gained, reversing earlier losses, on speculation demand for the oilseed in Asia may be sustained after U.S. shipments gained. (Bloomberg)

11/12/09: Another Look At Lanworth: What’s Really Growing Out There? (Lanworth)
Earlier this past year I wrote a column about the USDA, Statistics Canada and the private research firm Lanworth. It has become even more interesting in this backward late production season with the Lanworth estimate of US corn production sitting at 12.3 billion bushels versus our friends at the USDA who are over 13 billion bushels. As I said a couple of months ago, who’s right? (PhilipShaw.ca)

11/10/09: Agricultural Intelligence Firm Lanworth: USDA Overestimates US Corn, Soybean Crops (Lanworth)
The Crop Production report issued today by the United States Department of Agriculture (USDA) overestimated the U.S. corn and soybean crops, according to an assessment by Lanworth, the agricultural intelligence company.

11/10/09: Lanworth questions USDA crop production estimates (Lanworth)
USDA's updated crop production numbers have not come without some questions after what's been a trying year for a large number of producers.Lanworth Financial Vice President for Products Nick Kouchoukos says computer modeling used by Lanworth is more accurate than USDA's field surveys. (Brownfield)

10/09/09: Big Crops Get Bigger -- Are You Sure? (Lanworth)
I look forward to USDA reports almost as much as a trip to the dentist for a root canal. At the very most, it is interesting to see the reaction after another round of estimates. USDA increased corn production to over 13 billion bushels and soybean production to another record -- 3.25 bb. Traders seem to be taking the stance of not believing the hype Friday morning as row crops are rallying. (DTN Market Matters Blog)

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