USDA's foreast for global 2015/16 rapeseed production indicates a notable decline from last year's record 71.815 MMT. This has implications for many countries, and the EU is expected to import more palm oil, soybeans and soymeal as a result. Decline Forecast for 2015/16 Global Rapeseed Output This year it is the rapeseed sector's turn to be the most negatively impacted by weather. USDA is forecasting global 2015/16 rapeseed production at 64.582 MMT, a decline of 10.1 percent from last year's record 71.815 MMT. However, that would still be the third-largest rapeseed crop in history, exceeded only by the last two marketing years.Production in the EU-28 is expected to fall by 3.265 MMT (13.4 percent) as a result of reduced plantings and lowe...
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.