World Perspectives
wheat livestock softs

Indian Subcontinent Regional Analysis

Heat wave conditions are prevailing across India, strongly impacting poultry farmers as well as dairy operations. There are also implications for crops with limited water resources availalbe and little relief expected from the pending monsoon. Overproduction Keeps Sugar Prices Depressed Sugarcane is called a "Lazy Man's Crop." This is because once it is planted, two crop cycles can be taken and not much care is required. As India is the largest consumer of sugar, there is a belief that it will be able to consume all that is produced. There is also a mechanism of assured pricing for sugarcane, set by the states, even though it may not be profitable for the sugar mills to pay such high amounts. According to the latest data from the Indian S...

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Summary of Futures

May 26 Corn closed at $4.6025/bushel, up $0.08 from yesterday's close.  May 26 Wheat closed at $5.9475/bushel, up $0.0375 from yesterday's close.  May 26 Soybeans closed at $12.14/bushel, up $0.1225 from yesterday's close.  May 26 Soymeal closed at $315.4/short ton, up $0.9 from...

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