World Perspectives
soy-oilseeds livestock biofuel

Oilseed Highlights

The general view now is that India's 2013 soybean crop was no greater than 9 MMT, and the country is likely to face a severe soymeal shortage in the domestic market from now until the fall harvest. Sharp Decline in India's February Soymeal Exports India's February soymeal exports fell to only 183,550 MT from 364,443 MT in January and 581,606 MT in February 2013. The total was 1.502576 MMT for November 2013-February 2014 compared with 2.265589 MMT for the same period a year ago, according to India's Solvent Extractors Association (SEA). The sharp decline is the result of a smaller soybean crop in 2013, poor soybean quality and farmers' reluctance to sell their smaller crop.Because of the good monsoon India experienced in 2013, the early ex...

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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

Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.225/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.12 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, down $0.7 fro...

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