World Perspectives
soy-oilseeds

WASDE Soymeal

Soybean meal prices are projected at $325 to $355 per short ton, up $20.00 at the midpoint.  Higher soybean meal prices reflect the impact of sharply lower soybean production in Argentina. Argentina soybean production is forecast at 47.0 million tons, down 7.0 million from last month mainly due to lower projected yields resulting from dry conditions through much of the growing region in January and February.  Global soybean crush is raised with higher crush projected for Brazil and the United States partly offset by lower crush in Argentina.    ...

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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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