World Perspectives
soy-oilseeds livestock

Oilseed Highlights

While soymeal demand is down in Europe for several reasons, USDA has surprisingly increased its forecast for EU soymeal consumption in 2014/15 by 400,000 MT. China's Cancellation of U.S. Soybean Purchases Undermines Market USDA announced today that exporters reported the cancellation of 174,000 MT of soybeans that were previously sold to China for shipment in 2014/15. This combined with the 285,000 MT Chinese sale cancellation disclosed last Friday and forecasts for rainfall in central Brazil later this week caused March soybean futures to drop by over 9.25 cents/bushel today. Skittish traders likely fear a bigger decline in coming weeks. As I have noted before, there is not much to hold up soybean prices after the record U.S. crop in 201...

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livestock

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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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