The U.S. cottonseed shortage has been exacerbated by the nation's dairy and cattle feeding sectors' continued strong demand for its usage in direct feeding. Soyoil Used as Feedstock for 53.3 Percent of U.S. Biodiesel in 2013 Oil World estimates soyoil was the feedstock for 53.3 percent of the biodiesel produced in the U.S. in 2013, down from 54.2 percent in 2012. The German analytical firm estimates recycled fats and oils were used to produce 13.1 percent of U.S. biodiesel output in 2013, up from 12.8 percent in 2012. The estimates for the share of U.S. biodiesel produced with other oils and fats in 2013 were 10.3 percent for corn oil, 9 percent for tallow/yellow grease and 6.1 percent for palm oil. Cottonseed Prices Continue to Rise I...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.