With the IMD predicting a 56 percent probability of a deficient or below-normal monsoon for India, the impact on the farm sector and the country's overall economy would be significant as agriculture's share of the country's GDP is 12 percent. Soyoil Imports to Rise and Prices Increase India is likely to import 1.5 MMT of soyoil during MY 2013/14, compared with 1.09 MMT in MY 2012/13. It imported 339,000 MT of degummed soyoil in the first four months of the marketing year, November 2013-February 2014, and 189,000 MT in March 2014 for a five-month total of 528,000 MT against 248,000 MT during the same period a year ago. 1 MMT could be reached in the next seven months.The Solvent Extractors Association (SEA of India) projects almost an 8 per...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.