World Perspectives
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Export Sales

Wheat:  Net sales of 504,800 metric tons (MT) were reported for delivery in marketing year 2020/2021.   Corn:  Net sales of 357,800 MT for 2019/2020 were down 46 percent from the previous week and 45 percent from the prior 4-week average. Soybeans:  Net sales of 538,100 MT for 2019/2020 were down 46 percent from the previous week and 36 percent from the prior 4-week average.    Soybean Cake and Meal:    Net sales of 124,000 MT for 2019/2020 were down 40 percent from the previous week and 54 percent from the prior 4-week average Soybean Oil:  Net sales of 6,400 MT for 2019/2020 were for Colombia (2,800 MT), Mexico (2,300 MT), the Dominican Republic (1,100 MT), and Canada (200 MT).&nb...

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soy-oilseeds

WASDE Soyoil

The 2020/21 global oilseed supply and demand forecasts include lower production, lower exports, higher crush, and lower ending stocks compared to last month.  USDA reduced global oilseed production by 2.0 million tons to 604.2 million on lower rapeseed, cottonseed, and soybean production.&...

soy-oilseeds

WASDE Soymeal

USDA raised U.S. soybean crush by 15 million bushels - reflecting an increase in domestic soybean meal disappearance which is raised in line with an increase for 2019/20.  With projections for exports unchanged, 2020/21 soybean ending stocks are increased 30 million bushels to 425 million...

soy-oilseeds

WASDE Soybeans

USDA’s outlook for U.S. soybean production is at 4.14 billion bushels, up 10 million on increased harvested area.  Harvested area, forecast at 83.0 million acres in the June 30 Acreage report, is up 0.2 million from last month.  The soybean yield forecast is unchanged at 49.8 bu...

soy-oilseeds

WASDE Soyoil

The 2020/21 global oilseed supply and demand forecasts include lower production, lower exports, higher crush, and lower ending stocks compared to last month.  USDA reduced global oilseed production by 2.0 million tons to 604.2 million on lower rapeseed, cottonseed, and soybean production.&...

soy-oilseeds

WASDE Soymeal

USDA raised U.S. soybean crush by 15 million bushels - reflecting an increase in domestic soybean meal disappearance which is raised in line with an increase for 2019/20.  With projections for exports unchanged, 2020/21 soybean ending stocks are increased 30 million bushels to 425 million...

soy-oilseeds

WASDE Soybeans

USDA’s outlook for U.S. soybean production is at 4.14 billion bushels, up 10 million on increased harvested area.  Harvested area, forecast at 83.0 million acres in the June 30 Acreage report, is up 0.2 million from last month.  The soybean yield forecast is unchanged at 49.8 bu...

feed-grains

WASDE Corn

USDA’s outlook for 2020/21 U.S. corn is for lower ending stocks.  For 2020/21, corn production is forecast 995 million bushels lower based on reduced planted and harvested areas from the June 30 Acreage report.  The national average corn yield is unchanged at 178.5 bushels per a...

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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.

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