Soy Export Sales Highlights Today’s USDA/FAS export sales report for the week ending 29 April indicated exporters of U.S. soybeans, soymeal, and soyoil made relatively few export sales during the week. However, exports of soymeal and soyoil were better. Net soybean export sales of soybeans totaled 165,300 MT for shipment in 2020/21 and 192,900 MT for shipment in 2021/22. The sales for shipment in 2020/21 mostly were for unknown destinations (135,500 MT), Japan (55,600 MT), Malaysia (17,600 MT), Indonesia (11,500 MT), and Colombia (1,700 MT). The sales for shipment in 2021/22 were for unknown destinations (192,000 MT) and Japan (900 MT). Soybean exports last week totaled 264,100 MT. The destinations were primarily to Mexico (95,900 M...
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.