World Perspectives
soy-oilseeds

Oilseed Highlights: NOPA Crush Report; Indian Monsoon; Braziian Soy Production

NOPA’s March Soybean Crush a Record Monthly High Yesterday the National Oilseed Processors Association (NOPA) released its monthly crush report for March. It indicated 171.858 million bushels (4.68 MMT) of soybeans were crushed, up 18.8 million bushels (10.9 percent) from March 2017 and the highest volume ever for any month. The previous monthly record was 166.305 million bushels (4.53 MMT) in December 2017. The March crush volume was also well above 168.247 million bushels (4.58 MMT), the average estimate of analysts queried by Reuters. According to the report, NOPA members held 1.946 billion pounds (882,998 MT) of soyoil at the end of March, up from 1.856 billion pounds (841,876 MT) at the end of February and the largest amount si...

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Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.215/bushel, up $0.065 from yesterday's close.  Nov 25 Soybeans closed at $10.335/bushel, up $0.0825 from yesterday's close.  Dec 25 Soymeal closed at $287.7/short ton, up $1.9 from...

Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

Remembering 9-11

Twenty-four years ago, on September 11, 2001, the U.S. experienced one of the most tragic and influential days in the nation’s history. The events of that day would spark great unity, and later division, as our nation grappled with terrorism’s fallout. The days and weeks immediately...

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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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