Export Sales for Jan 7, 2022 – Jan 13, 2022 Wheat: Net sales of 380,600metric tons (MT) for 2021/2022 were up 44 percent from the previous week and 62 percent from the prior 4-week average. Corn: Net sales of 1,091,300 MT for 2021/2022 were up noticeably from the previous week and up 48 percent from the prior 4-week average. Soybeans: Net sales of 671,000 MT for 2021/2022 were down 9 percent from the previous week, but up 12 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 314,900 MT for 2021/2022 were up noticeably from the previous week and from the prior 4-week average. Soybean Oil: Net sales of 30,700 MT for 2021/2022 were down noticeably from the previous we...
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.