Soybeans Market Overview There was significant movement in Brazil’s market last week, both on spot positions as well as new crop positions. The trade war intensified last week, with President Trump tweeting that China is losing the trade war. By the end of the week, China imposed additional tariffs on U.S. products, which effectively raised the tariffs on U.S. soybeans from 25 to 35 percent. That announcement, however, really doesn’t change the market as trade between the U.S. and China was already stopped for soybeans. China still needs to ship its purchased soybeans, which now will face an additional import tax. This should not affect American exporters are their contracts should be honored. In any case, s...
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.