World Perspectives
soy-oilseeds

WASDE Soyoil

According to USDA: U.S. oilseed production for 2018/19 is estimated at 134.0 million tons, down 1.5 million from the previous report.  Smaller soybean, canola, peanut, and cottonseed crops are partly offset by an increase for sunflowerseed.  The soybean oil price forecast of 28.5 to 31.5 cents per pound is unchanged at the midpoint...

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Summary of Futures

Mar 19 Corn closed at $3.7475/bushel, up $0 from yesterday's close.  Mar 19 Wheat closed at $5.0425/bushel, down $0.0275 from yesterday's close.  Mar 19 Soybeans closed at $9.075/bushel, up $0.04 from yesterday's close.  Mar 19 Soymeal closed at $306.5/short ton, up $1 from yeste...

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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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