European Rapeseed Processors Crushed by Rising Seed Price Europe's rapeseed processors have seen crushing margins fall to negative levels as a result of the sustained rise in rapeseed prices. Yesterday the EuroNext May rapeseed futures prices closed at 477.25 pounds per MT. Since mid-December the May contract price has risen by about 80 euros per MT (about 20 percent) as a result of rising petroleum prices, the smaller South American soybean crop, and a smaller European rapeseed crop in 2011. Prices also are being driven up by concerns about the winterkill effect on 2012 rapeseed crops in Ukraine and possibly elsewhere in Europe.In normal times, EU rapeseed processors would be able to pass along the higher cost of rapeseed to their custo...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.