World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments The grain and soy markets opened the overnight session in mixed and tentative form, but prices soon moved into the green. Weather model runs portray a rather uncertain outlook in terms of potential corn planting progress. There can be only limited progress this week, and Monday's USDA's weekly condition report should reflect this. Price strength carried over into the day session with moderate trading volume. Commodities in general were stronger today on rumors that the European Central Bank (ECB) might lower interest rates and/or announce it would take other steps in an attempt to stimulate the dragging European economy. Some are predicting a quantitative easing program similar to what the U.S. and Japan are doing. We do...

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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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