Except for soymeal and the livestock markets, the CBOT was lower on Wednesday with traders booking profits and taking a more cautious approach after the recent runup in prices. Too, rhetoric out of the White House is keeping traders guessing on the possible application of and retaliation to var...
Russia’s wheat supplies may be tighter, but it is still not out of the market. Egypt's state grain buyer, Mostakbal Misr, is said to have made a “significant” purchase of Russian wheat. The four shipments will be shipped on four vessels sailing under the Egyptian flag, which m...
Russian Grain Markets: 13 – 17 January 2025 Last week, the market woke up from the prolonged Christmas holidays and surprisingly remained bullish against a stable export trend and high export duties. Growing duties may nip the bullish trend in the bud. Russian wheat can now freely go into...
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.