World Perspectives

Dark, Happy Winter Thoughts

The U.S. government is headed into a record-long shutdown with no end in sight. Americans are fractured politically. There is even talk of civil war on social media with left and right arguing which side has more firepower: those with illegal guns in coastal inner cities or the armed rednecks in between. In a nation with 100 million guns, it is not a pretty thought. South Korea’s exports are slowing as global demand for everything from chips to cars to heavy equipment is falling. In a glass-half-full assessment, U.S. Federal Reserve Chairman Jerome Powell says the economy will not go into recession this year, although it will slow down. Leaders in the European Parliament are insisting there be no trade negotiations with the U.S. unt...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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