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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Iran’s government has purchased 6 MMT of local wheat on its way to a total of 11 MMT. The wheat is being bought at a government set price to help control domestic wheat prices and to build wheat safety reserves. According to the latest FAO report, Iran’s wheat production for 2020 will be down slightly to 14 MMT. Normally the government buys as much as 75 percent of the wheat production but due to a low wheat price set by the government the FAO says that farmers may prefer to sell as feed wheat for a higher local price. The government set price for wheat purchase is lower than the market price for feed barley making sales as feed wheat attractive to farmers.  Iraq s...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

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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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