Export Sales for July 15-21, 2022. Wheat: Net sales of 412,000 metric tons (MT) for 2022/2023 were down 19 percent from the previous week and 29 percent from the prior 4-week average. Corn: Net sales of 150,300 MT for 2021/2022 were up noticeably from the previous week and from the prior 4-week average. Soybeans: Net sales reductions of 58,600 MT for 2021/2022. Soybean Cake and Meal: Net sales of 28,000 MT for 2021/2022 were down 74 percent from the previous week and 61 percent from the prior 4-week average. Soybean Oil: Total net sales of 4,600 MT for 2021/2022 were up noticeably from the previous week and from the prior 4-week average. ...
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.