Brazil recently imposed a 7 percent blending mandate for combining biodiesel with petroleum diesel. The higher production would increase the use of soyoil by about 23.4 percent to 2.9 MMT from 2.35 MMT in CY 2014. European Rapeseed Production Forecasted to Decline in 2015 The European consulting firm Strategie Grains this week forecasted EU rapeseed production in 2015 at 21.6 MMT, a decline of 2.5 MMT (10.4 percent) from the record 2014 production of 24.1 MMT. This is based on a decrease in plantings from 6.7 million hectares in 2014 to 6.5 million hectares next year. The firm is also forecasting a decline in Europe's average yield from 3.6 MT/hectare in 2014 to 3.3 MT/hectare in 2015.The estimated drop in EU 2015 rapeseed production will...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.