The Market Oilseed values temporarily dipped this week on improved moisture in Brazil. The change is temporary as the 6-15 day outlook calls for a return to heat and dryness and thus more stress for Brazil’s soybeans. For the week, January soybeans are down nearly 10-cents , putting them below the 100-day MA but still above the one-month low of 1297/bushel. Soyoil was inexplicably pressured lower by a U.S. Appeals Court ruling saying the Biden Administration must consider waiving biofuel blending requirements for small refineries. The ruling mostly affects ethanol since refineries are making money from biodiesel. In other market news, after gains in the first part of this week, Malaysian palm oil futures fell during the last t...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.