Export Sales for April 22-28, 2022. Wheat: Net sales of 118,800 metric tons (MT) for 2021/2022 were up noticeably from the previous week and up 53 percent from the prior 4-week average. Corn: Net sales of 782,500 MT for 2021/2022 were down 10 percent from the previous week and 19 percent from the prior 4-week average. Soybeans: Net sales of 734,600 MT for 2021/2022 were up 53 percent from the previous week and 28 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 232,200 MT for 2021/2022 were up 14 percent from the previous week and 86 percent from the prior 4-week average. Soybean Oil: Net sales of 14,700 MT for 2021/2022 were up noticeably from the previous week and from the prior 4-week aver...
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.