While the market is accounting for the pending huge Argentine soybean crop, uncertainty surrounds what farmers will do with the soybean stocks they currently hold. Their decision to retain these unusually large quantities has not been painless. Large U.S. Soybean Export Sales Last Week to China Today's USDA export sales report showed unexpectedly large old crop soybean export sales last week, mainly to China. Net sales totaled 745,500 MT, far above the range of analyst estimates of 250,000-450,000 MT, with 603,300 MT of that purchased by Chinese buyers. Anticipating sizable cancellations of sales to China, many in the trade will clearly find the volume of new sales to that destination surprising. Other buyers of U.S. soybeans last week fo...
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.