Good U.S. Soy Export Sales Last Week Today’s USDA export sales report noted good success last week in the selling of U.S. soybeans, soymeal and soyoil. It also indicated that after a slow start to exports and sales in the current marketing year, the pace has nearly caught up to that of a year ago. Net soybean export sales for the week ending 12 October totaled 1,275,200 MT. While down 27 percent from the previous week, it was still a good volume. The sales were primarily to China (1,174,800 MT), but there were also sizeable sales to Pakistan (70,800 MT), Germany (66,000 MT), Turkey (65,700 MT), and the Netherlands (52,700 MT). Soybean exports totaled 1,850,000 MT, mainly to China (1,371,000 MT), Spain (70,600 MT), Germany (66,600 MT...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.