World Perspectives
feed-grains soy-oilseeds softs

Indian Subcontinent Regional Analysis

The two main foods in the Indian kitchen are onions and pulses,but their higher prices are upsetting the typical household budget. The increases are attributed to short supplies and crop damage due to drought conditions. GOI is taking action, though, to address the situation. Monsoon's Negative Effect on Crops The monsoon is set to end in the next 40 days, but the forecast indicates that it could withdraw early. As of 20 August 2015, almost 32 percent of the country had not received enough rainfall, leaving an overall deficit of 10-12 percent. The southern peninsula, which includes the major corn belts, has a 21 percent deficiency. This would be the country's second consecutive year of meteorological drought.Parts of Maharashtra where som...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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