World Perspectives
feed-grains soy-oilseeds biofuel

One Long-Term View

The first thing catching our attention is that while the U.S. 2014 soybean plantings rose more than 8 million acres higher than last year and the new 2014 U.S. soybean production outlook prospect has jumped roughly 550 million bushels, U.S. corn production prospects for 2014 have not dropped below last year's results.For obvious reasons, much of the market's attention in the aftermath of USDA's stocks and acreage reports released this past Monday has focused on the shockingly large 2014 soybean seeding estimate of a record 84.8 million acres. USDA's June soybean acreage estimate is up 3.3 million acres from its initial estimate from only three months ago. It is up a startling 8.3 million acres from last year and swamps the old record soybea...

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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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