World Perspectives
soy-oilseeds biofuel

Oilseed Highlights: Malaysian Biodiesel; Soymeal and DDGS; Argentine Soy Crushers; Pakistan and Cargill

Malaysia to Double Use of Palm-Based Biodiesel The glut and low prices of palm oil have caused the government of Malaysia to double the blending requirement for biodiesel with diesel from the current 10 percent to 20 percent by 2020, according to Minister of Primary Industries Teresa Kok. Oil World estimates Malaysia used 1.14 MMT of palm oil to produce biodiesel in CY 2018, and it is not clear if the country has enough capacity to double output in one year. Raising palm oil usage to 2.8 MMT would help reduce surplus stocks, but it would not do much to decrease the more than 14 MMT of global palm oil stocks that existed at the end of last year. This will particularly be the case if Europe implements proposals to end the use of biodiesel m...

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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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