Wheat: Net sales of 122,100 metric tons for delivery in the 2018/2019--a marketing-year low--were down 71 percent from the previous week and 72 percent from the prior 4-week average. Corn: Net sales of 586,500 MT for 2018/2019 were down 25 percent from the previous week and 17 percent from the prior 4-week average. Soybeans: Net sales of 313,400 MT for 2018/2019 were down 47 percent from the previous week and 61 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 79,200 MT for 2018/2019 were down 76 percent from the previous week and 67 percent from the prior 4-week average. Soybean Oil: Net sales of...
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.