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feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Middle East, Mediterranean and Africa Regional Analysis Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Afghanistan is facing its lowest wheat crop since 2011 due to the lack of rain and snowfall. Forecasts say that the country could need to import as much as 2.5 MMT in 2018. Not only are the people facing a food shortage, but the lack of rainfall has badly affected the grazing land for sheep and goats with tens of thousands reported to have died. The wheat shortage is so serious that farmers are said to be eating their planting seeds for the crop. Afghanistan has a history of major droughts occurring about every nine-11 years. However, the current situation is expected to improve later in the year, although it will be much too late...

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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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