World Perspectives
soy-oilseeds

Oilseed Highlights

While the reports were slightly positive for U.S. soybeans, that does not offset the overall negative outlook for the sector in the year ahead due to several reasons. WASDE and Crop Production Reports Slightly Positive for Soy Prices Today’s USDA crop production and supply/demand reports were slightly positive for U.S. prices. The net impact of the reports was to reduce the forecast for U.S. soybean ending stocks on 31 August 2016 by 25 million bushels to 40 million bushels (11.98 MMT). However, USDA did not see that as very positive since it decreased the midpoint of its average price forecast for 2015/16 by $0.10/bushel to $8.80/bushel. Among the more significant items in today report are the following: USDA’s estimate for U.S. soybe...

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Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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