World Perspectives
wheat softs

Indian Subcontinent Regional Analysis

Fear of imports and the inability to sell the stocks purchased by Food Corporation of India (FCI) led GOI to announce another 10 percent increase in the wheat import duty. A 15 percent tariff was imposed in August 2015 as flour millers in southern India had started importing wheat from Australia.   Cotton Prices Stable, but Market Panics For cotton’s MY 2014/15 (ending 30 September), the Cotton Corporation of India (CCI) purchased 8.7 million bales, 21 times more than the 400,000 bales in MY 2013/14. Experts estimate that the CCI will need to buy at least 12 million bales in MY 2015/16, although there is no fixed target yet. The increase in CCI’s purchases is being attributed to a drop in those by the biggest importer,...

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feed-grains soy-oilseeds wheat

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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