World Perspectives
soy-oilseeds

Oilseed Highlights: Argentine Weather; Export Sales; Brazil’s Soy Losses, NOPA Crush Report

Little Rain in Dry Argentine Areas until March Two weather forecasters in Argentina have told Reuters that they do not expect any break in the drought impacting parts of Argentina until at least March. "The situation is serious. It would almost take a miracle for the drought not to continue through the rest of February," said German Heinzenknecht of the Applied Climatology consultancy. Eduardo Sierre, a climate expert at the Buenos Aires Grains Exchange, also indicated heavy rains are unlikely in those areas over coming weeks. Last week the Buenos Aires Grain Exchange cut its forecast for the Argentine soybean crop to 50 MMT and is expected to reduce that number further in its next forecast. Emilce Terre, head of research at the Rosarios...

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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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