The U.S. Energy Information Administration (EIA) has added data on rail movements of ethanol and biodiesel to its monthly Petroleum Supply Monthly (PSM) report (retroactive to January 2014), which will help improve estimates on regional biofuel supplies.The U.S. Energy Information Administration (EIA) has added data on rail movements of ethanol and biodiesel to its monthly Petroleum Supply Monthly (PSM) report, retroactive to January 2014. Previously, only data and estimates on net receipts by Petroleum Administration for Defense Districts (PADDs) were available. PADDs are simply the five regions of the country used to track fuel supplies, which include the East Coast, Midwest, Gulf Coast, Rocky Mountains, and West Coast. Unlike other liqui...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.