World Perspectives
soy-oilseeds livestock

Indian Subcontinent Regional Analysis

India’s Vegetable Oil Demand and Imports Both Higher in 2017/18 India’s overall vegetable oil imports reached 15.573 MMT for 2017/18 (March-April), a 9.53 percent increase from 14.217 MMT the previous year. This included 15.181 MMT of edible oil and 0.392 MMT of nonedible oil, up from 13.975 MMT and 0.242 MMT, respectively. Palm oil’s share of all edible oil imports was over 60 percent as Malaysia withdrew its export duty on that variety. India imported 9.293 MMT (crude, refined, etc.) in 2016/17, which comprised 62 percent of the total imports, and 3.795 MMT from November 2017 to March 2018 (the first five months of the oil year), up slightly from 3.553 MMT during the same period of the previous oil year. That volume of...

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Black Sea Regional Analysis

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8125/bushel, down $0.0375 from yesterday's close.  May 25 Wheat closed at $5.42/bushel, down $0.055 from yesterday's close.  May 25 Soybeans closed at $10.36/bushel, down $0.0575 from yesterday's close.  May 25 Soymeal closed at $294.2/short ton, down $2...

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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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