Everyone knows the volume traded this week will be lower, but there is no break in the directional adjustments. The corn market still had to continue its march higher, worries about wheat supplies moving out of Ukraine and even volume was not totally lower with soymeal and lean hog trading keep...
Regional News Russia’s latest attacks on Ukraine’s Odesa Black Sea port infrastructure on 23 December reportedly damaged a vessel carrying Ukrainian soybeans. The EU Commission raised its forecast of EU common wheat production to 134.4 MMT for 2025/26 and bumped th...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Safaga port, south on the Red Sea, will be expanded and improved as a result of an agreement between Egypt’s Al Dahra Agriculture and Abu Dhabi based AD Pors Group. There are plans to make Safaga into a regiona...
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.