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soy-oilseeds

Oilseed Highlights: Argentine Soymeal Headed to U.S.; Tough Times for U.S. Soybean Sector

Argentine Soymeal Headed to U.S. Despite expectations that the U.S. will have a record volume of soybeans at the end of August, the NBSA shipping agency in Argentina reported last week that cargoes (92,178 MT) of Argentine soymeal are now headed there. Assuming the agency’s data is accurate, the most likely destination for the soymeal shipments is the discharge facility in Wilmington, North Carolina that is owned by a consortium of swine and poultry producers located in the eastern part of the state. At the time it built the discharge facility in Wilmington, the consortium indicated the reason for doing so was to provide an alternative source of soymeal and grains to the U.S. domestic market when needed to push down domestic prices...

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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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