Record High Soybean Container Exports Monday’s export inspections report indicated that USDA personnel inspected 1,083,866 MT of soybeans during the week ending December 19. Included in that amount was 113,271 MT of soybeans to be exported in containers. That was an unusually large weekly number of soybeans in containers to be inspected. USDA also reported an exceptionally large number of containerized soybean inspections that had not been reported in previous weeks, as far back as the week ending 15 November. The total for the delayed reported inspections was 122,242 MT worth of containers. That brought the total to 235,513 MT, by far the largest weekly reporting of inspections of containerized soybeans in history. It is uncl...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...