World Perspectives
soy-oilseeds

Oilseed Highlights: Soy Export Sales; India Soybeans; Brazil and Argentine Soymeal; Weather

Soy Export Sales Highlights Today’s USDA/FAS weekly export sales report continued to show low U.S. soy export sales and also a slowing down of exports because of the great increase in exports out of South America. However, there are signs demand for U.S. soy will begin to pick up in late summer. Today’s report indicated net soybean export sales in the week ending 10 June for shipment in 2020/21 totaled only 63,500 MT. Sales for shipment in 2021/22 were disappointing at only 6,500 MT. The sales for shipment in 2020/21 were mostly for Japan (15,500 MT), Colombia (15,000 MT), Indonesia (12,300 MT), Saudi Arabia (9,500 MT), and Canada (9,400 MT). Those sales and others were partially offset by reductions of 10,000 MT for unknown d...

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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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