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Oilseed Highlights

After notifying Congress yesterday that he lacks the legal authority to provide subsidies to cottonseed under the PLC and ARC programs, USDA  Secretary Vilsack indicated that it can pass legislation approving the crop's eligibility. However, there was one stipulation. USDA Denies Request to Subsidize Cottonseed USDA Secretary Tom Vilsack yesterday notified Congress that he lacks the legal authority to provide subsidies to cottonseed under the Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) programs. The cotton industry and its congressional supporters had requested the payments in order to help prevent a further decline in U.S. cotton plantings at a time of low cotton lint prices and high production costs.Secretary Vils...

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Black Sea Regional Analysis

Russian Grain Markets: 21 – 25 April 2025 Crop Outlook 2025 The spring planting campaign in Russia is in full swing. Fifty-six regions of Russia are reportedly planting spring crops, and this season is showing much better speed than last year. To date, around 10.5 million hectares (Mha) a...

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

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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