World Perspectives
wheat feed-grains soy-oilseeds

Indian Subcontinent Regional Analysis

Rabi Sowing Down As of 18 January 2019, the total rabi planted area was down 4.8 percent versus 2017/18. While wheat is among the crops affected, pulses and coarse cereals, most especially pearl millet, are down significantly (see table below). The overal oilseed area has been good, however, as those crops are down just 0.9 percent with mustard/rapeseed the only one showing an increase and sunflowers suffering the greatest decrease within that category. This drop in rabi area may be one reason why prices of the key crops that have alternate uses are rising. An example of this is pearl millet, which is a coarse grain grown in North India that is mostly used as food and in feed. It’s inclusion rate in poultry feed rations could be 1...

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wheat feed-grains soy-oilseeds

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feed-grains soy-oilseeds wheat

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Statistics Canada released its initial estimates, which are based on surveys conducted last month, of planted area for 2019. Much like the U.S., they show a decline in oilseed plantings and an increase for grains. With the de facto Chinese embargo on Canadian canola weighing heavily on prices,...

wheat feed-grains soy-oilseeds

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feed-grains soy-oilseeds wheat

Summary of Futures

May 19 Corn closed at $3.4675/bushel, down $0.045 from yesterday's close.  Jul 19 Wheat closed at $4.385/bushel, down $0.065 from yesterday's close.  May 19 Soybeans closed at $8.5525/bushel, down $0.0675 from yesterday's close.  May 19 Soymeal closed at $300.4/short ton, down $0...

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