World Perspectives
feed-grains soy-oilseeds wheat

Monday’s USDA Reports

USDA will release its quarterly stocks and final small grains production estimates at 11 AM (CDT) Monday, 30 September. We have commented on the quarterly stocks report a number of times over the last couple of weeks. This report is the estimate of total U.S. supplies, on and off farm, as of 1 September. Because the corn and soybean harvests are so late this season, the stocks report should be relatively clean. In other words, we won't have to interpolate how many bushels of 2013 production are included in the 1 September estimates as we did a year ago. These numbers will also become the ending stocks estimates for MY 2012/13 that ended 31 August.Old crop corn supplies were the first or second smallest on record, but the stocks number for...

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feed-grains soy-oilseeds wheat

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The Future of the U.S. – China Trade War

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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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