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soy-oilseeds biofuel

Oilseed Highlights: U.S. Soy Sales; Bayer Rapeseed; U.S. Biodiesel; Indian Protein

U.S. Soy Export Sales Update USDA announced yesterday that exporters had sold an additional 586,000 MT of soybeans to China with all but 63,000 MT to be shipped in the current marketing year. This brought total reported soybean sales to China since its delegation last visited Washington to 3.801 MMT. USDA also indicated exporters had reported sales of 182,000 MT of soybeans to unknown destinations, bringing that total reported this week to 456,000 MT. Today’s weekly export sales report covered the week ending 27 December 2018. It indicated net soybean sales totaled 1,051,500 MT for shipment in 2018/19 and 5,300 MT for shipment in 2019/20. The top buyers were China (808,000 MT), Spain (171,300 MT), the Netherlands (84,500 MT), Egypt...

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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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