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feed-grains soy-oilseeds wheat

Market Commentary

Markets were quiet again overnight, although soybean futures showed some life early this morning and closed the night session a nickel higher with corn steady. Wheat finished down a penny and started today slightly weaker. The U.S. government is beginning the third week of the partial shutdown. The series of USDA reports scheduled to be released this Friday have been postponed until sometime after the government is fully restored. Meanwhile, weekly export inspections were light last week due to the New Year holiday. A U.S. delegation. is in Beijing this week for trade talks, and the market will be watching for clues regarding the direction these meetings eventually take. U.S. equity markets were down slightly to start the day but rallied...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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