While China's President Xi is driven to implement economic and agricultural policy reforms that will deleverage the Chinese economy and take away the loose credit that has resulted in real estate and stock market bubbles, there is internal division. Oilseeds Soymeal Inventories Drop Again As feed demand from the downstream market has remained brisk, last week’s estimated soymeal inventories fell 10,000 MT to 620,000 MMT (-1.58 percent) or 105,600 MT lower than the total for the same week a year ago. They showed different week-on-week trends across the key regions. The estimated inventories rose to 75,100 MT (+5.99 percent) in northeast China from the previous week but dropped to 74,000 MT (-10.97 percent) in north China. They also fell i...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.