World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Oilseeds Soymeal Inventory Surges as Prices Decline The steady buildup of imported soybean stocks, falling live pig prices and a decline in the prices for soymeal have driven demand for the latter downward. The net effect was a rise in soymeal supplies in all regions last week. This pushed the nationwide inventory up 165,100 MT (+21 percent) to 950,200 MT as of 20 April 2018, the highest level since the end of September 2017 and 231,000 MT (+32.1 percent) more than a year ago at the same time. At the regional level, the largest weekly increases were the gains of 31,400 MT (+21.7 percent) to 176,200 MT in Shandong Province and 30,900 MT (+56.2 percent) to 85,900 MT in the North. While the national total number was a surprise, the softer me...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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