Corn Perhaps the most important news on the corn market comes from the discussions between Brazil and China to accelerate the Asian giant’s purchasing processes. According to news reports, the two countries are working on the first exports to be made for Brazilian corn, taking advantage of Brazil’s large crop. Some time ago, the conclusion had been that there could only be business between both countries from 2023 onwards. Now, according to market rumors, it is highly probable that Brazil will export corn to China this year. In fact, this week there was a flurry of activity in the FAS market, and the market says much of it was due to origination intended for China. The China effect, plus some other demand around last wee...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.