World Perspectives
soy-oilseeds biofuel energy

Oilseed Highlights

Big Export Inspections Last Week Today's USDA export inspection report indicated that it inspected 2.238 MMT of soybeans destined for export last week. Of that amount, 72.6 percent (1.624 MMT) were shipments destined for China. These were inspected in the St. Lawrence Seaway, South Atlantic and Mississippi River terminals, North and South Texas, Columbia River, Puget Sound and the interior. It is going to be a long voyage for the 69,271 MT of soybeans headed from the St. Lawrence Seaway to China.Container inspections last week totaled 97,223 MT. Inspections of soybeans headed to Europe totaled 205,335 MT.USDA reported today that exporters have sold 116,000 MT of soybeans to China and 35,000 MT of soyoil to an unknown destination. Sust...

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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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