Regional News Ukraine’s 2021/22 total grain exports have reached 7 MMT so far, up 10 percent from the same time last year. The Taliban’s takeover of the Afghanistan government and resulting collapse of international credit/payment systems will all but certainly eliminate a 2-MMT market for Kazakhstan flour exports. A Togo-flagged cargo ship, the Sea Bird, carrying wheat from Ukraine to Tunisia hit rocks over the weekend and sank in the Agean Sea. All 16 crew members were rescued by the Greek coast guard. Milling Wheat World wheat prices are higher this week as markets react to the implications of ongoing droughts in the U.S., Canada, and Russia, combined with below-average quality in Europe&rsq...
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.