World Perspectives
feed-grains soy-oilseeds farm-inputs

Oilseed Highlights

USDA recently released its annual long-term projections for major crops, and those for soybeans can be justifiably challenged for several reasons. USDA’s Long-Term Soybean Yield Projections Too Conservative USDA recently released its annual long-term projections for major crops, including soybeans. These are largely based on past trends and represent a consensus of the analysts involved. While they will mostly be inaccurate because of unforeseen events (macroeconomic, weather, etc.), there is still some value in that they provide a view of what the future may hold.Projections that can be justifiably challenged are those for U.S. average soybean yields for the next 10 years, which USDA is forecasting will be below the record set in 2016. I...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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