World Perspectives
soy-oilseeds

Oilseed Highlights – Celebrity Crop

The Market Soybeans hit a three-month peak last week, but profits were taken Monday and after that they could not fully recover. The January contract lost 3.75 cents (-0.25 percent), though at $14.80 they remain well above support at $14.30/bushel. Soymeal followed by losing $8.60 (-1.8 percent) but the contract is sitting at a 10-year high and will continue to face technical selling. By contrast, after two weeks of declines due to EPA’s bearish biofuel announcement, January soyoil netted a 3.35 cent (5.5 percent) gain this week. No matter, the oilseeds sector remains the more glamorous crop sector with tight stocks and a fun story to tell. 

This is a market that remains torn between the prospect of a record soybean crop in B...

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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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