World Perspectives
feed-grains

AM Outlook - Macro Pressures

GOOD MORNING, Prices are mixed this morning, lower for everything but soyoil.  Soyoil futures followed a strong performance by palm, which jumped to new contract highs, and firmer crude oil which trades closer to the $80/barrel mark.  Oilshare is soaring, as Egypt comes to tender for some as well.   Beans made new lows in the night session but are recovering slowly following the palm.  Grains remain in congestion mode.  China markets are closed for holiday.  The October USDA will be important in that yields will become more exact.  In front of that report come the guesses.  StoneX raised its corn yield to 176.7 bpa from 177.5 bpa prev. report, with production at 15.022 bln bu from 14.998 bln bu...

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Black Sea Regional Analysis

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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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