World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina still has some soybean cargoes available on July and August, and there will probably be some September as well. Today August is offered at 78 SQ, and sellers are offering September for 83 SQ, both for protein basis 33.5. Meanwhile, protein basis 34.5/minimum 33.5 is offered at 86 SQ for August. Soybeans Days of rain prevented completion of the harvest in Argentina, which is 98 percent finished, and more is expected for the coming weekend. Meanwhile, the country’s agriculture department raised its estimate of final production to 58 MMT this week versus 57.6 MMT in May, but most experts believe it will be closer to the 56 MMT range.Argentina was still active in the market this past week, selling one cargo for July shipment at 64 S...

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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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