World Perspectives
feed-grains soy-oilseeds

Oilseed Highlights

USDA is initially forecasting Brazil’s and Argentina’s soybean harvested area in 2017 will increase by 900,000 hectares and 50,000 hectares, respectively. However, this is doubtful for several reasons. A Further Look at Soy Components in USDA May WASDE Report This month’s USDA WASDE report (released 10 May) surprised the trade with a large decrease in its U.S. 2015/16 soybean ending stocks projection. The drop from 445 million bushels to 400 million bushels resulted from increases of 35 million bushels in exports and 10 million bushels in domestic crush. While the forecast is still sizable, it is a clear signal that the trend is downward. If there is any significant shortfall in production this year in the U.S., China or India, world stoc...

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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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