USDA’s initial outlook for 2026/27 U.S. soybeans is that increased production will be offset by strong demand for soybean oil as a biofuel. The soybean oil price is forecast at 70 cents per pound – up about 7 cents. Active crushing is expected to reduce U.S. soybean ending stocks to 310 million bushels, down 30 million from the prior year. The U.S. season-average price for soybeans is forecast to increase about a dollar, from a year ago, to $11.40 per bushel. The soymeal price is forecast at $310 per short ton (down $5)...
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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...
Gloriosa is a genus of 12 species in the plant family Colchicaceae, and includes the formerly recognised genus Littonia. They are native in tropical and southern Africa to Asia, and naturalised in Australia and the Pacific as well as being widely cultivated.[3] The most common English names are...
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.