There are too many people, groups and companies, etc. trying to create analytical grain and oilseed market news. The years of the U.S. biofuels revolution when the bull market came to an end, 2006/07-2012/13, were filled with analyses to discuss. After all, we went from using just 5 percent of the U.S. corn crop in domestic ethanol production to nearly 50 percent in just a few short years. The repercussions from that altered the face of the world corn and feed grains markets. China’s leap from importing 37 MMT of soybeans in 2007 to nearly 100 MMT in 2018 dramatically changed the face of the world oilseed markets. Sprinkle a terrible U.S. corn crop in 2012 and a very bad one in Brazil two years ago, and you had the ingredients for ext...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.