India Oil Meal Exports Up Oil meal exports of 2.043 MMT for April-November were almost 10 percent higher versus 1.855 MMT for the same period last year. October 2018 was the start of the soymeal season, and nearly 0.367 MMT were exported in the two-month period since then, up 32.73 percent from 0.278 MMT during October-November 2017. The increase is partly attributable to the 10 percent export incentive for soymeal. For April-November 2018, those exports increased nominally and totaled 0.785 MMT against 0.768 MMT at the same time a year ago. Of the total exports in that eight-month period this year, Iran and France were the largest importers at 0.199 MMT and 0.137 MMT, respectively. Meanwhile, the current domestic soymeal price is $3...
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.