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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s government has announced that the official customs exchange rate will remain at the current level of 16 EGP against the USD for January 2018; the actual currency rate is now about 17.69 EGP to the USD. A steady rate certainly helps grain importers by keeping costs consistent. A new organization has been established in Egypt over the past few weeks that could be of great benefit to the grain industry. The Egyptian Grain Suppliers Association was reportedly formed with 12 major grain trading companies as founding members. It is expected to present a united front regarding Egyptian government rules that affect the grain import business with specific current concern for import inspection regula...

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feed-grains soy-oilseeds wheat

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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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