Export Sales for April 1-7, 2022 Wheat: Net sales of 96,100 metric tons (MT) for 2021/2022 were down 39 percent from the previous week and 30 percent from the prior 4-week average. Corn: Net sales of 1,332,900 MT for 2021/2022 were up 70 percent from the previous week and 26 percent from the prior 4-week average. Soybeans: Net sales of 548,900 MT for 2021/2022 were down 31 percent from the previous week and 41 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 174,900 MT for 2021/2022 were up noticeably from the previous week and up 21 percent from the prior 4-week average. Soybean Oil: Net sales of 6,100 MT for 2021/2022 were down 2 percen...
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.