World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 476,400 metric tons for delivery in the 2018/2019 marketing year were reported for Indonesia (170,000 MT), the Philippines (74,100 MT, including 55,000 MT switched from unknown destinations and decreases of 10,000 MT), Japan (72,200 MT, including 10,000 MT switched from unknown destinations), South Korea (62,600 MT), and Taiwan (53,600 MT, including decreases of 1,400 MT).   Reductions were reported for unknown destinations (111,000 MT), Thailand (40,000 MT), and the Leeward and Windward Islands (5,000 MT).  For 2019/2020, net sales of 61,000 MT were primarily for Thailand (40,000 MT) and the Philippines (10,000 MT).  Exports of 666,200 MT were reported for Yemen (136,300 MT), the Philippines (1...

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feed-grains soy-oilseeds wheat

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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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