World Perspectives

Kill a Competitor; North American Lumber

Kill a Competitor Polling shows that former Brazilian President Luix Inácio Lula da Silva will beat the incumbent, Jair Bolsonaro, in the upcoming 2 October election. U.S. farmers would do well to support his campaign. He and his deputy, Geraldo Alckman, have pledged full support to the so-called Landless Movement, or Movimento dos Trabalhadores Rurais Sem Terra (MST). This is the group that supports squatters or land occupations and has declared agribusiness as “the enemy of the Brazilian people.” They argue that soybeans are also the “enemy of Brazil” and their policy goal is not large exports but peasant agriculture to “produce healthy food” and fulfill social goals rather than seeking “p...

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Dec 22 Corn closed at $6.12/bushel, up $0.0175 from yesterday's close.  Dec 22 Wheat closed at $7.805/bushel, down $0.2225 from yesterday's close.  Nov 22 Soybeans closed at $13.9/bushel, up $0.09 from yesterday's close.  Dec 22 Soymeal closed at $400.6/short ton, up $4.5 from ye...

feed-grains soy-oilseeds wheat

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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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