Chinese Back to Buying U.S. Soybeans, May Buy Large Amount for Reserves USDA announced a total of 470,000 MT of soybeans has been sold to a Chinese buyer for 2019/20 shipment in the last two days. The buyer is reported to be COFCO, a state-owned company. Reports indicate the sales are expected to be shipped to China beginning in July. It is possible additional sales of soybeans to China will be announced tomorrow. Reuters has reported China intends to purchase corn, cotton soybeans and soyoil in the future to restock its reserves. The amounts mentioned were 20 MMT of corn, 10 MMT of soybeans, 1 MMT each of cotton and sugar and 2 MMT of soyoil. However, those amounts have not been confirmed. It is likely a large share of the corn and soybe...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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.