World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Yesterday's Federal Reserve announcement that it will inject $40 billion per month into the economy buoyed U.S. and world financial markets, and that buying spilled over into commodities overnight as well. Crude oil prices traded above $100 a barrel last night and this morning, but slipped below $100 during today's session. The dollar was very weak early in today's session. If more dollars are going to be printed, they should be worth less. Corn, wheat and soybeans were all strong overnight, and that strength continued after the open outcry session opened this morning. Trading volume was heavy and funds were big buyers. Today was the last trading day for the September futures contracts.The markets seemed poised for late...

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Black Sea Regional Analysis

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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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