World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments: Lower and slower describes today’s grain and soy markets for the most part. Overnight trading saw barely more than 13,000 contracts of November soybeans and 6,000 contracts of December corn changing hands before the recess. Price changes during that session were modest with soybeans and corn down just slightly as wheat remained about unchanged. Grain prices tried half-heartedly to rally as the day session got underway, if for no other obvious reason than this is Tuesday when turnarounds often happen. Soybeans did not join in. The rally effort quickly ran out of gas, and prices mostly sagged into the red for the rest of the day, which is where they closed. The narrow daily trading ranges illustrate the general lack o...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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