World Perspectives
feed-grains soy-oilseeds wheat

PM Post - March Winds and Choppy Trade

THE OPEN May beans:  6 higher May meal:  .90 higher May soyoil:  11 lower May corn:  3 1/2 higher May wheat:  1 lower The markets opened as called with the soy complex entering into still higher trade.  The sale of corn to China makes it nearly 4 mmt that they have been purchased in the past four days.  Buy corn/sell wheat and buy meal/sell soyoil trade was the early morning feature.  Bull-spread activity continues, which pushes deferred contracts into new lows, or towards the lower end of recent trading ranges.   The US /China meeting in Alaska was reported to be fairly confrontational and tense as current tariffs and trade discussions continue.   SOY

The main feature i...

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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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