World Perspectives
soy-oilseeds livestock softs

Indian Subcontinent Regional Analysis

India's rapeseed and mustard seed prices are now rising in tandem with demand due to the non-availability of other oilseeds, while mustard seed oil is also finding support. Drought Looms Large Against Larger Sown Area 42 percent of India has received scanty rainfall during the 1 June-3 September 2015 period with the southern peninsula the driest at 22 percent below normal. Other areas where the situation is very critical are Maharashtra's Marathwada, western Maharashtra and northern interior Karnataka. This still does not qualify as a drought year, however, as the deficiency must be more than 12 percent in order to be labeled such, and the average is exactly at that percentage point. The August rains were 22 percent below normal.Consideri...

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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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