World Perspectives
feed-grains soy-oilseeds farm-inputs

Oilseed Highlights

Huge Soybean Export Inspections Last Week The U.S. soybean harvest may have been a bit later than normal this year, but U.S. exports are clearly catching up quickly to the pace of last year. Yesterday's USDA export inspections report indicated a total of 59.325 million bushels (1.616 MMT) of soybeans were inspected for export last week. Of that amount, 82.6 percent were shipments destined for China and 64,942 MT were containerized shipments. The shipments to China were to be exported from all coastal ranges including the Atlantic, Louisiana Gulf, Texas Gulf and PNW. India's Soybean Production Forecasted to Be Less Than Last Year India's oilseed processing sector has been predicting for some time that this year's Indian soybean produc...

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feed-grains soy-oilseeds wheat

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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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