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wheat feed-grains soy-oilseeds

Indian Subcontinent Regional Analysis

MSP for Rabi Crops Announced The commitment to double farmers’ income by the Modi government ensured an increase in the Minimum Support Prices (MSPs) of key rabi crops, which was approved by the Cabinet Committee on Economic Affairs (CCEA) early this week. The goal is to provide at least a 50 percent margin (income) over and above the cost of production of these crops. According to government of India (GOI) data, that has been achieved with this latest move. For reference, the margins are now 112.5 percent for wheat, 89.9 percent for rapeseed/mustard, 76.7 percent for red lentils, 75.3 percent for chickpeas, 67.4 percent for barley and 50.1 percent for safflower. It must be noted that of these crops, the federal and state agencies...

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feed-grains soy-oilseeds wheat

Market Commentary: Wow, Some Fun Information!

USDA’s much anticipated Prospective Plantings and Quarterly Stocks reports had few shockers, but they did shuffle the board a bit. First, the top line stuff: Corn Planted area was expected to drop due to higher input costs and lower prices, but USDA’s 90-million-acre number was at t...

Divergent Perspectives

China doesn’t offer the best business environment for American companies and FDI has plummeted. But Xi Jinping told CEO’s that his country will continue building a “first class business environment.” Meanwhile, Joe Biden tells American companies that they are monopolies...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.42/bushel, up $0.1525 from yesterday's close.  May 24 Wheat closed at $5.6025/bushel, up $0.1275 from yesterday's close.  May 24 Soybeans closed at $11.915/bushel, down $0.01 from yesterday's close.  May 24 Soymeal closed at $337.7/short ton, down $1.3 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Wow, Some Fun Information!

USDA’s much anticipated Prospective Plantings and Quarterly Stocks reports had few shockers, but they did shuffle the board a bit. First, the top line stuff: Corn Planted area was expected to drop due to higher input costs and lower prices, but USDA’s 90-million-acre number was at t...

Divergent Perspectives

China doesn’t offer the best business environment for American companies and FDI has plummeted. But Xi Jinping told CEO’s that his country will continue building a “first class business environment.” Meanwhile, Joe Biden tells American companies that they are monopolies...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.42/bushel, up $0.1525 from yesterday's close.  May 24 Wheat closed at $5.6025/bushel, up $0.1275 from yesterday's close.  May 24 Soybeans closed at $11.915/bushel, down $0.01 from yesterday's close.  May 24 Soymeal closed at $337.7/short ton, down $1.3 fr...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for period March 15-21, 2024. Wheat:  Net sales of 339,600 metric tons (MT) for 2023/2024 were down noticeably from the previous week, but up noticeably from the prior 4-week average. Export shipments of 408,900 MT were up 3 percent from the previous week, but do...

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