World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The soy complex ruled futures markets today, and press reports highlighting road blockages by Brazilian truckers ruled the soy complex. The corn and wheat markets moved higher. General Comments The soy complex ruled futures markets today, and press reports highlighting road blockages by Brazilian truckers ruled the soy complex. The Brazilian government signed an agreement late Wednesday with trucker unions giving several concessions, but it refused to roll back the tax increase on diesel fuel. Police and the National Guard dismantled roadblocks in several states. However, some roads remained blocked in others. Trucker actions of this sort no longer are supported by their unions. Any remaining roadblocks are put up by ad hoc renegade group...

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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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