World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments For grain and soy futures markets, it was another day of more of the same low trading volume, narrow price ranges and not much interest in either buying or selling futures contracts. At least traders had this morning’s weekly export sales report to ponder, which was more than they had to think about yesterday. Overnight price changes were insignificant. November soybeans traded in a mere 2 cent range overnight, a range that expanded to around 8 cents during the day session before soybean contracts closed down about 4 cents. Soymeal futures finished off $3.00-3.30, and soyoil closed 23-26 points higher. December corn could muster only a 2.5 cent price range, and corn futures closed lower by fractions. Chicago wheat t...

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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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