World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 3,574,800 metric tons for delivery in the 2018/2019 marketing year were reported for Nigeria (444,400 MT, including 24,000 MT switched from unknown destinations and decreases of 11,200 MT), unknown destinations (400,600 MT), the Philippines (303,700 MT, including decreases of 18,800 MT), Mexico (299,400 MT, including decreases of 25,700 MT), and Malaysia (258,800 MT, including 99,000 MT switched from unknown destinations).    Reductions were reported for Bangladesh (15,300 MT), Thailand (10,000 MT), Costa Rica (5,700 MT), and Canada (3,400 MT).  For 2019/2020, net sales of 244,100 MT reported for Nigeria (76,600 MT), the Philippines (57,000 MT), Thailand (56,500 MT), and unknown destinations (35,000M...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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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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