World Perspectives
soy-oilseeds

Oilseed Highlights: U.S. Soy Export Sales; South Asian and Brazilian Biodiesel; Russia and Soybeans

Higher Week for U.S. Soy Exports Today’s USDA export sales report indicated higher sales last week for U.S. soybeans and soymeal, particularly for the latter. Net soybean exports for shipment in 2017/18 totaled 252,300 MT, mainly to the Netherlands (78,500 MT), Canada (74,300 MT), Iran (71,400 MT), Indonesia (70,400 MT) and Mexico (66,000 MT). These sales and others were partially offset by reductions to unknown destinations (113,000 MT), Egypt (60,000 MT) and the United Kingdom (12,000 MT). The sale to Iran brought its total purchases in 2017/18 to 197,100 MT, and more are likely in coming months because of the higher prices and limited availability from Brazil. Sales for shipment in 2018/19 totaled 613,400 MT, primarily to unknown...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4575/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.7725/bushel, down $0.1425 from yesterday's close.  May 26 Soybeans closed at $11.64/bushel, down $0.0675 from yesterday's close.  May 26 Soymeal closed at $312.9/short ton, down...

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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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