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feed-grains soy-oilseeds

Oilseed Highlights

Soybean Condition Declines, But Not as Much as Corn Yesterday's USDA report on the conditions of U.S. soybeans and corn indicated the condition of soybeans in the 18 states surveyed declined as expected. The share of soybeans rated as good or excellent fell from 40 percent to 34 percent, while the share rated as poor or very poor increased from 27 percent to 30 percent. In the last two weeks the share of soybeans rated as good or excellent has declined from 45 percent to 34 percent and the amount rated poor or very poor has fallen from 21 percent to 30 percent. A year ago, 64 percent of the soybeans in the surveyed states rated as good or excellent.As bad as soybeans are, the decline this week was not as severe as it was for corn. The sh...

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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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