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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

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2375/bushel, up $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, up $0.0675 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, up $1.6 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Momentum Shifts at Odds with Fundamentals

The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2375/bushel, up $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, up $0.0675 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, up $1.6 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Momentum Shifts at Odds with Fundamentals

The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  Last week’s rainfall covered much of Argentina’s western wheat-growing region, improving prospects for cereals there. Still, 27.3 percent of the area now shows excess water — up from 7 percent the prior week — mainly in the east and south, where fungal diseas...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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