World Perspectives
soy-oilseeds

WASDE Soymeal

The U.S. soybean crush for 2018/19 is projected at 1,995 million bushels, up slightly from the revised 2017/18 forecast with higher soybean meal disappearance offset by lower projected soybean meal exports. Soybean meal exports are forecast lower as Argentina’s export share recovers from drought. Global protein meal consumption is projected to increase 4 percent in 2018/19, with China accounting for the largest share of the increase despite below-average growth in protein meal consumption. As a result of higher protein meal demand, global crush is projected up 19.9 million tons to 509.4 million and protein meal exports are up 1.7 million tons to 90.4 million...

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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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