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feed-grains soy-oilseeds wheat

Market Commentary

General Comments There were two signs of official concern over slowing economies from different parts of the globe today. First, China's Central Bank dropped the key interest rate on one-year loans by 0.31 percent to 6.0 percent. This is the second Chinese interest rate cut in a month. Later the EU's ECB cut its interest rate 0.25 percent to 0.75 percent, the lowest level ever. Both cuts were widely expected as part of efforts to counter the respective slowing economic growth. In that sense, both interest rate cuts are acknowledgement by the respective central banking authorities that there are problems and underlying economic pessimism. The Chairman of the ECB said that Europe's economic recovery would be a slow process. Nearly half of...

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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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