Export Sales and Shipments for February 10-16, 2023 Wheat: Net sales of 338,800 metric tons (MT) for 2022/2023 were up 62 percent from the previous week and 39 percent from the prior 4-week average. Export shipments of 338,000 MT were down 32 percent from the previous week and 25 percent from the prior 4-week average. Corn: Net sales of 823,200 MT for 2022/2023 were down 20 percent from the previous week and 30 percent from the prior 4-week average. Export shipments of 687,400 MT were up 3 percent from the previous week and 7 percent from the prior 4-week average. Soybeans: Net sales of 544,900 MT for 2022/2023 were up 20 percent from the previous week, but down 18 percent from the prior 4-week a...
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.