World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 528,500 metric tons (MT) for 2020/2021 were unchanged from the previous week, but up 23 percent from the prior 4-week average.  Corn:  Net sales of 655,200 MT for 2020/2021 were down 47 percent from the previous week and 63 percent from the prior 4-week average.  Soybeans:  Net sales of 2,631,300 MT for 2020/2021were up 2 percent from the previous week, but down 2 percent from the prior 4-week average.  Soybean Cake and Meal:  Net sales of 152,200 MT for 2020/2021, primarily for Ecuador (37,200 MT, including 30,000 MT switched from unknown destinations), Canada (32,300 MT, including decreases of 600 MT), Morocco (31,200 MT), Colombia (25,500 MT), and Venezuela (20,000 MT), were offs...

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feed-grains wheat soy-oilseeds

Summary of Futures

Dec 20 Corn closed at $4.0875/bushel, up $0.035 from yesterday's close.  Dec 20 Wheat closed at $6.32/bushel, up $0.05 from yesterday's close.  Nov 20 Soybeans closed at $10.64/bushel, up $0.0975 from yesterday's close.  Dec 20 Soymeal closed at $371.9/short ton, down $1.3 from y...

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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.

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