It was all red this morning, except of course soyoil. Even lean hog futures were negative despite the relatively bullish USDA Hogs & Pigs report after the close yesterday. However, by the close today, corn and soybeans had flipped back into the green. Still, on the whole, 60 percent of our...
Argentine soybean farmers are selling their crop at the slowest pace in 10 years as producers bet on the likely effects of libertarian President Javier Milei’s actions on commodity markets, including a weakening of the peso and potential tax relief. The sales are a quarter below where the...
The March Hogs and Pigs report offered the industry a much-needed look at what the supply situation is and is likely to be for the coming year. As WPI readers likely already know, the report showed that all-hogs and pigs inventories were essentially equal to last year’s numbers with marke...
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.