World Perspectives
soy-oilseeds softs

Indian Subcontinent Regional Analysis

Subsidy for Sugarcane Growers Unable to pay for sugarcane deliveries because of high input costs and low sugar prices, the sugar industry approached the government for an intervention. The arrears owed to farmers had reached $2.98 billion at the end of March 2018, and the government of India (GOI) finally decided to offer them a subsidy of Rs.55/MT ($0.82/MT) for the stocks sold to the mills. It will be issued to farmers’ accounts directly, and the mills will cover the difference. However, the subsidy is only 7.68 percent or $229 million of the total due. For the 2017/18 sugar season, GOI’s set price for sugarcane is Rs.2,550/MT ($38/MT), while Uttar Pradesh raised the rate to Rs.3,150/MT ($47/MT). Since the season started,...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Take a Breather, Livestock Futures Rally on Meat Demand

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May 25 Corn closed at $4.85/bushel, down $0.0525 from yesterday's close.  May 25 Wheat closed at $5.475/bushel, down $0.0825 from yesterday's close.  May 25 Soybeans closed at $10.4175/bushel, down $0.01 from yesterday's close.  May 25 Soymeal closed at $297.1/short ton, down $2...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.9025/bushel, up $0.0725 from yesterday's close.  May 25 Wheat closed at $5.5575/bushel, up $0.1775 from yesterday's close.  May 25 Soybeans closed at $10.4275/bushel, up $0.1375 from yesterday's close.  May 25 Soymeal closed at $299.6/short ton, up $1.7 f...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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