Some questions still remain to be answered concerning the current 2014/15 corn situation. One of those pertains to the size of Brazil's crop, and another relates to the actual volume of corn that China will carry over as 2014/15 ending stocks.Even as U.S. farmers and other Northern Hemisphere growers begin to plant the 2015/16 corn crop, some questions still remain to be answered concerning the current 2014/15 corn situation. One of those pertains to the size of Brazil's crop, and another relates to the actual volume of corn that China will carry over as 2014/15 ending stocks. No matter how one may answer either of these questions, there seems no doubt that the world is well supplied with corn.In the April WASDE released 9 April, USDA left...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.