Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end on Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. SPREADS Crush values dropped as beans moved higher on the board, with October values at 93c/bu. October oilshare trades down to 32.71 percent as meal prices rally against a sideways soyoil market. Corn spreads narrow with Dec/March trading at 12 1/4c from 12 3/4c, but Dec 19/Dec 20 narrowing the most trading into 35c from 39 1/2c, and values over 43c. Nov/Jan bean spread trades to 13 1/4c, not far away from the 14 1/4c lows. Dec/March wheat narrows into 5c...
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.