World Perspectives
soy-oilseeds

Oilseed Highlights

Sizable Old-Crop Soybean and Soymeal Export Sales This week's USDA export sales report showed sizable sales of soybeans and soymeal for shipment in 2012/13. Net old-crop soybean sales totaled 128,300 MT. The main buyers were unknown (34,900 MT), Indonesia, (31,500 MT), Japan (29,800 MT), Taiwan (25,500 MT) and Vietnam (5,500 MT). Sales were partially offset by a 1,300 MT decrease for Mexico. Exports totaled 82,000 MT with the main destinations being Mexico (34,100 MT), Indonesia (26,100 MT), Japan (6,800 MT), Vietnam (6,600 MT) and Canada (4,400 MT). Sales of soybeans for the 2013/14 shipment totaled 665,200 MT with China (426,000 MT) and unknown destinations (165,000 MT) the main buyers.Net export sales of soymeal last week for shipme...

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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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