World Perspectives
soy-oilseeds

Oilseed Highlights: U.S.Soy Export Sales; Turkey’s Soy Imports, Russian Soy Trade

U.S. Soy Export Sales Update After weeks of substantial sales, USDA’s weekly export sales report indicated there was a sharp drop for the week ending 14 March. Net soybean export sales totaled only 399,500 MT, a 79 percent decline from the previous week. The largest sales were to Germany (155,900 MT), China (142,600 MT), Egypt (88,700 MT), Japan (70,200 MT) and the Netherlands (63,300 MT). However, they were partially offset by reduction in sales to unknown destinations of 237,500 MT and Mexico of 31,400 MT. Outstanding sales for shipment in 2019/20 were reduced by 64,400 MT as a result of a cancelled 69,500 MT sale to China. Soybean exports totaled 1,015,100 MT, mainly to China (268,600 MT), Egypt (173,700 MT), Germany (155,900 MT)...

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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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