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feed-grains soy-oilseeds wheat

Market Commentary

The story in today’s markets was there was some fund short covering as a result of one of the best weekly USDA export sales reports of this marketing year and a weaker U.S. dollar. General Comments The story in today’s markets was there was some fund short covering as a result of one of the best weekly USDA export sales reports of this marketing year and a weaker U.S. dollar. The corn export sales number was 780,000 MT. This would not have been a large number in a normal year, but it was the biggest of this marketing year that started 1 September. The wheat export sales number was also much above expectations at 722,000 MT, which also wouldn’t ordinarily be considered huge. However, the current U.S. wheat export projection is the smallest...

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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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