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feed-grains soy-oilseeds wheat

Market Commentary

General Comments Weather, weather, weather. It was a super hot weekend across nearly all of the U.S. The East Coast, especially the Washington, D.C. area, was very hard-hit with severe storms and power outages. By most accounts, about 15-20 percent of the Corn Belt did get some moisture, but amounts were generally very light. Extended weather forecasts were an issue again today. The American GFS model continues to want to show cooler temperatures and increased rains in the 11- to 14-day period while the European model remains mostly hot and dry. It seems most weather forecasters are skeptical of the cooler, wetter model solution based in the historically bad performance by the American model. Ten days from now is a very long time to wa...

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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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