World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Grain and soy markets continued their choppy price action overnight and again today. According to the pattern, today was supposed to be an up day, and for the most part it was. Only soybean contracts July forward, new crop soymeal and all soyoil contracts did not get the message. Corn was today's upside leader with nearby May and July up about 15 cents. Corn and soybean inverses widened again. The July/December corn inverse now stands at $1.03.Support for corn came from firmer nearby cash bids, especially in the western Corn Belt where ethanol plants were again scrambling to buy physical supplies. It may be May on the calendar, but a winter storm is pummeling a wide area from Colorado to Iowa and Minnesota with rain, sle...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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