Sharp Increase in Indian Soymeal Exports in December India's Solvent Extractors Association (SEA) today reported that India exported 798,041 MT of soymeal in December 2011. Exports were 101 percent greater than the 397,659 MT exported in November and 30.6 percent higher than the 611,157 MT exported in December 2010. Exports of soymeal in the period April-December 2011 totaled 2.55 MMT, 10.4 percent more than was exported in April-December 2010. The average price for the soymeal exported in December 2011 was $334/MT.As usual, Japan and Vietnam were the top markets for Indian soymeal in December 2011 as well as in April-December. Other key markets were Thailand, the EU-27 and Indonesia. Exports to the EU-27 are up substantially this year w...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.