World Perspectives
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The Transition Reports

The nature of agricultural markets is to always look ahead, and USDA's 1 March reports, especially the planting intentions, that will be released this Thursday symbolize the annual transition from old crop to new.31 March will see what arguably will be the most important array of reports from USDA since January’s final 2015/16 production estimates and 1 December quarterly stocks. At midday Thursday, it will release its initial estimates of U.S. farmers’ planting intentions for 2016 spring seeded crops along with the 1 March quarterly stocks estimates. These reports are always issued annually at the end of March, and they usually represent that point in time when the market’s attention transitions from old crop to the upcoming new crop cycle...

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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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