World Perspectives
soy-oilseeds

Oilseed Highlights – Lots of New Numbers

The Market Another week of gains for soybeans and soymeal, with soyoil taking it on the chin. After reducing their net long positions in March, speculators have been rebuilding them thus far in April.  Soymeal options are also advancing. Palm oil futures were in a deep trough back on 24 March, firm exports and falling stocks coupled with rising petroleum prices produced a recent high on 4 April. They have been mostly descending ever since due to lower exports. This weakness spilled over into canola and expectations are that it could fall below C$700/MT.

Export Sales Last week’s export sales probably met expectations. Soybean sales were up from the previous week and above the previous four-week average. Soymeal sales are robu...

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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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