Thursday marked the worst day for stocks in weeks despite word on the street to “buy,” since valuations have once again become attractive. But apparently not yet. History suggests a rebound with President Trump politically compelled to dream up some form of policy stimulus on top of the real contributions occurring in technology-related productivity gains and solid profit estimates. But equity bears ruled as the market nears correction territory. The war premium on commodities failed to stick today with corn and the soybean complex following equities instead of energies. There was higher volume in soyoil and cattle, with only the latter using it for gains. There were basically reversals from overnight gains to daytime loss...
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.