World Perspectives
feed-grains soy-oilseeds biofuel

Oilseed Highlights

Argentina's government acted yesterday to assist the domestic biodiesel industry in offsetting losses in exports to Europe after the EU imposed punitive anti-dumping duties on imports of Argentine biodiesel. Larger Canola Crops Predicted in Canada and Australia Market analysts in Canada expect Statistics Canada to raise its forecast for the 2013 Canadian canola crop by 1 MMT in its monthly forecasts tomorrow. The average canola production forecast of twenty traders and analysts surveyed by Reuters was 16.9 MMT with a range of 16.2–17.9 MMT. Statscan's October projection was for a crop of 15.963 MMT versus production in 2012 of 13.87 MMT. If realized, the analysts' average forecast of 16.9 MMT would be a record and likely will result in Ca...

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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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