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feed-grains soy-oilseeds wheat

Market Commentary

General Comments Today was all about weather. Weekend forecasts were much cooler and wetter across the guts of the Corn Belt than what some models looked like going home Friday. That prompted a big rally in corn that took wheat along for the ride. Soybeans resisted until midmorning, when buyers showed up in the soy complex as well. Some precipitation models are showing the chance for 2-3 inches of rain this week across parts of Iowa, Wisconsin and Illinois with lighter amounts across other parts of the Corn Belt. In addition, last weekend's very warm temperatures will be followed by another week or more of cold temperatures. It could snow as far south as Oklahoma later this week. There is also another chance for frost across Kansas thi...

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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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