World Perspectives
soy-oilseeds biofuel farm-inputs

Oilseed Highlights

India's Soymeal Exports Decline in May India's exports of soymeal in May totaled 142,588 MT, 19.2 percent below the 176,819 MT exported in May 2011. Since 1 November 2012 India has exported 2.874 MMT of soymeal. Exports of rapeseed meal during May of this year fell to 84,078 MT versus 130,082 MT in May 2011.India's exports of soymeal to Iran in April and May of this year totaled 150,974 MT. In the same two months of last year it exported only 50,387 MT of soymeal to Iran. The higher exports this year are the result of international sanctions that have been imposed on Iran. India exporters have received partial payment for their soymeal in Indian rupees paid by the Iranian government from petroleum sales to India.Indian exports of other p...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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