World Perspectives
soy-oilseeds

Oilseed Highlights: South American Weather; China Soymeal Stocks; U.S. Soybean Sales and Forecasts

South American Weather Still Not Ideal for Soybean Crops In the last couple of weeks, the weather in Brazil has mostly been very good for that country’s soybean crop. Most parts of the soybean growing areas have received good rainfall amounts. However, there continues to be parts of the country that need more rainfall. That includes the states of Sao Paulo, Minas Gerais, and eastern Mato Grosso. Those areas received relatively little rainfall recently and had above average temperatures. Today, Refinitive Commodities Research’s 10-day forecast indicates the southern part of Brazil will have above-average rainfall and normal temperatures. However, the forecast is for the driest part of the country (Mato Grosso, Southeast and Nor...

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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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