Mediterranean/Middle East/North Africa/Africa – MEA Region A BRICS spokesman said that in light of the consolidation of companies in the grain trade, “BRICS countries must cooperate in antitrust policy and antitrust legislation” for the international grain trade. The feeling s...
Beef packer margins fell over $100/head for the second straight week to hit - $151/head, which is among the worst margins in the past decade. The culprit for weaker margins was an $11/cwt pullback in the Choice cutout and other beef values while fed cattle prices were steady/slightly higher. Pa...
Grain and oilseed markets pulled back to start the week after favorable showers fell across the U.S. over the weekend. The moisture revived crop prospects and offered a meaningful buffer ahead of some heat that will build over parts of the Midwest this week. The weather outlook was enough to st...
Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...
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.