World Perspectives
feed-grains soy-oilseeds wheat

A Look at World Supplies

There is no denying that global stocks have been building over the last two marketing years. However, today’s record-large supplies are only half of the story. From a fundamental perspective, there has always been a more important number.As prices continue to slide and bearish attitudes prevail, one talking point that has surfaced often is that the world is awash in grains and oilseeds while actual supplies are at record-large levels. There is no denying that global supplies have been building over the last two marketing years. Excellent world crop production, spurred not only by good weather but also the world’s farmers pouring the coals to every crop input, has masked the fact that global demand has never slowed. This is a recurring theme...

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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.

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