World Perspectives
soy-oilseeds

Oilseed Highlights – Shedding More Value

The Market After losing 18.25 cents last week, the July soybean contract lost an additional 29.75 cents this week. After seven straight losing sessions, July soybeans rebounded today by 15.5 cents. July soymeal went seven losing sessions before closing unchanged yesterday and adding $5.00/ST today. July soyoil has had only a slightly better losing streak. It was down 1.9 cents/pound this week after a smaller loss last week. Other vegetable oils have also turned southward in pricing. 

Still, there are too many bearish pressures:

Brazil’s large crop is dominating export sales. A shortage of storage makes moving soybeans out more important. It has been a good start in planting the new U.S. soybean crop. Chinese soybean impo...

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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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