Corn Perhaps the most important news on the corn market comes from the discussions between Brazil and China to accelerate the Asian giant’s purchasing processes. According to news reports, the two countries are working on the first exports to be made for Brazilian corn, taking advantage of Brazil’s large crop. Some time ago, the conclusion had been that there could only be business between both countries from 2023 onwards. Now, according to market rumors, it is highly probable that Brazil will export corn to China this year. In fact, this week there was a flurry of activity in the FAS market, and the market says much of it was due to origination intended for China. The China effect, plus some other demand around last 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.