U.S. Soy Export Highlights The week ending 30 April was not a good one for U.S. soy exports. Sales of soybeans, soymeal and soyoil for shipment in 2019/20 were all down from the previous week. Net soybean exports sales last week for 2019/20 shipment totaled 653,100 MT. That was down by 39 percent from the previous week. The top sales were for China (287,900 MT), unknown destinations (115,400 MT), Mexico (71,100 MT), Egypt (50,900 MT), and Algeria (45,000 MT). Sales for shipment in 2020/21 totaled 177,500 MT with China (132,000 MT), Mexico (43,500 MT) and Thailand being the top destinations. Soybean exports last week totaled 440,500 MT, 11 percent below the past four-week average. The top destinations were China (210,900 MT), Mexico (65,80...
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.