Sunflower oil is the world's fourth most abundant vegoil after palm oil, soyoil and rapeseed oil. It long has been the vegoil of choice in countries like France, Spain, Russia, Egypt, Ukraine, Argentina and Turkey. Sunoil is a good vegoil for salad dressings as well as for frying. It also is a good feedstock for biodiesel, but its premium price mostly has limited its use to the food market.Up until the last year there has been relatively little growth in global sunseed production, and most of it has been consumed within the country of production. The relatively low yields of sunseed also have held the crop back -- except in drier areas, where it does better than many other crops.The last year has been a greatly different year for sunflowe...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.