Events have conspired to make the reports being released 8 February among the most anticipated in quite some time. The fact that all of them, except the February WASDE, are a month late has a great deal to do with it. The last WASDE before the government shutdown came out on 11 December, and much has changed in the interim. However, in the absence of all the USDA reports and estimates during this period, what the changes are and in what direction have just been guesswork. At noon (EDT) Friday, the market that has been starved for news all these weeks will suddenly face a huge and complex data dump. The reaction is likely to be volatile, and traders will have only about two hours to study and trade on that data before markets close for the w...
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.