World Perspectives
soy-oilseeds

Oilseed Highlights: Chinese Soy Imports; Damaged Ship Berth; Argentine Rain

VAT Reduction Causes Chinese Soybean Imports to Decline in April Chinese soybean imports fell to only 6.9 MMT last month, down 13.7 percent from April 2017 and less than analysts’ projections of about 8.5 MMT. The main cause of the decline was a reduction in the value-added tax (VAT) on soybeans from 11 percent to 10 percent as of 1 May 2018. Several importers apparently delayed discharging shipments until after that date as they could save close to $300,000 in VAT payment per shipload by doing so, an amount enough to cover several days of ship demurrage. China’s soybean imports during January-April totaled 26.49 MMT, down from 27.54 MMT in the same period of 2017. However, imports in May are expected to be higher than last ye...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Grains, Soyoil Sink in Pre-Holiday Trade; Soybeans, Cattle Strengthen

Pre-Thanksgiving trade is usually a light-volume, range-bound affair with few fireworks, but this year’s market action offered more interest than most. Corn futures indeed traded a tight range, but did so with surprisingly heavy volume that likely belies a rash of fund selling. Fund selling was...

Happy Thanksgiving

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 28 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 29 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.28/bushel, up $0 from yesterday's close. Mar 25 Wheat closed at $5.485/bushel, down $0.095 from yesterday's close. Jan 25 Soybeans closed at $9.8875/bushel, up $0.0525 from yesterday's close. Jan 25 Soymeal closed at $295.4/short ton, up $4 from yesterday...

feed-grains soy-oilseeds wheat

Market Commentary: Grains, Soyoil Sink in Pre-Holiday Trade; Soybeans, Cattle Strengthen

Pre-Thanksgiving trade is usually a light-volume, range-bound affair with few fireworks, but this year’s market action offered more interest than most. Corn futures indeed traded a tight range, but did so with surprisingly heavy volume that likely belies a rash of fund selling. Fund selling was...

Happy Thanksgiving

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 28 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 29 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.28/bushel, up $0 from yesterday's close. Mar 25 Wheat closed at $5.485/bushel, down $0.095 from yesterday's close. Jan 25 Soybeans closed at $9.8875/bushel, up $0.0525 from yesterday's close. Jan 25 Soymeal closed at $295.4/short ton, up $4 from yesterday...

Sino-Ag Roundup

Trade WarDonald Trump hasn’t even been sworn into office and is already roiling currency markets. The yuan, Mexican peso and Canadian dollar all slid this week on Trump’s social media claim that he will add tariffs on these three countries unless they stem the flow of drugs and illegal aliens i...

Image
From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up