Insufficient rainfall is becoming a growing concern for soybean farmers in the Brazilian states of Goias and Mato Grosso. Meteorologists say this may no longer be a problem by the end of the month, but soybeans are likely to suffer significant yield declines from the dryness in the interim. Good Week for U.S. Soybean Exports Today's USDA export sales report showed excellent numbers for U.S. soybeans last week. Net sales for shipment in 2014/15 totaled 1.1332 MMT, well above the estimates of private analysts who had predicted the volume would be between 700,000-900,000 MT. Sales for shipment in 2015/16 totaled 305,000 MT. The main destinations for the soybeans sold last week for shipment in 2014/15 were China (793,500 MT), Mexico (149,000...
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.