World Perspectives
soy-oilseeds

Oilseed Highlights

The Indonesian government's director general of food crops indicates that imposition of a 10 percent tariff on soybeans is being considered as a way to encourage local production and boost self-sufficiency. Indian Soybean Crop Forecast to Decline 15.3 Percent The president of the central Organization for Oil Industry and Trade of India yesterday predicted that the country’s 2015 soybean crop will decline 15.3 percent to only 7.2 MMT. If realized, that would be India’s smallest soybean crop since 2005 when it produced 7 MMT. USDA currently is forecasting the crop at 11 MMT, but it is expected to sharply reduce that in the November WASDE. It estimates last year’s Indian soybean crop totaled 9 MMT. However, it appears Indian officials believ...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

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U.S. July Fourth Holiday

Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

livestock

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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.

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