Wheat: Net sales of 273,000 metric tons for delivery in the 2018/2019 were down 61 percent from the previous week and 37 percent from the prior 4-week average. Corn: Net sales of 548,000 MT for 2018/2019 were up 2 percent from the previous week, but down 18 percent from the prior 4-week average. Soybeans: Net sales of 270,400 MT for 2018/2019 were down 86 percent from the previous week and 76 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 152,100 MT for 2018/2019 were down 20 percent from the previous week, but up 2 percent from the prior 4-week average. Soybean Oil: Net sales of 33,800 MT for 2018/2019 were down 8 percent from the previous wee...
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.