World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5875/bushel, down $0.0225 from yesterday's close.  May 25 Wheat closed at $5.65/bushel, down $0.035 from yesterday's close.  May 25 Soybeans closed at $10.1275/bushel, down $0.0275 from yesterday's close.  May 25 Soymeal closed at $299.9/short ton, down $4.4 from yesterday's close.  May 25 Soyoil closed at 42.54 cents/lb up 0.44 cents from yesterday's close.  Apr 25 Live Cattle closed at $205.375/cwt up $0.35 from yesterday's close.  Apr 25 Feeder Cattle closed at $284.55/cwt up $0.35 from yesterday's close.  Apr 25 Lean Hogs closed at $87.6/cwt down $0.475 from yesterday's close.  Apr 25 WTI Crude Oil closed at $66.91/barrel down $0.67 from yesterday's close. ...

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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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