Wheat: Net sales of 72,900 metric tons for 2019/2020--a marketing-year low--were down 90 percent from the previous week and 86 percent from the prior 4-week average. Corn: Net sales of 1,075,400 MT for 2019/2020 were down 41 percent from the previous week and 13 percent from the prior 4-week average. Soybeans: Net sales of 957,400 MT for 2019/2020 were up 6 percent from the previous week and 75 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 125,200 MT for 2019/2020 were down 50 percent from the previous week and 39 percent from the prior 4-week average Soybean Oil: Net sales of 67,000 MT for 2019/2020-...
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.