World Perspectives
soy-oilseeds softs

Indian Subcontinent Regional Analysis

An increase in the MSP for pulses incentivized farmers to expand their plantings, and 2016/17 production is projected at a record 22.4 MMT. However, those farmers and GOI are now finding there are some repercussions. Effect of Higher Sugarcane FRP on Sugar Prices As India’s sugarcane farmers prepare to plant crops, the government of India (GO)I has provided an incentive. It has increased the Fair and Remunerative Price (FRP) of sugarcane 10.869 percent to Rs.2,550 ($39.23)/MT for 2017/18 (October-September) from Rs.2,300 ($35.384)/MT in 2016/17. This price will apply if the sugar recovery is 9.5 percent, and farmers will receive an additional Rs.28.60/MT for every 0.1 percent increase. If recovery is 10 percent, the FRP will be Rs.2,693 (...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close.  May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close.  May 26 Soymeal closed at $315.2/short ton, down $3 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

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feed-grains soy-oilseeds wheat

Market Commentary: Plenty of Information — No Clear Direction

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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