World Perspectives
soy-oilseeds

WASDE Soybeans

USDA increased U.S. soybean ending stocks by 20 million bushels to 220 million.  The U.S. season-average soybean price for 2022/23 is forecast at $14.00 per bushel, unchanged from last month.  Soybean oil price is also unchanged at 69 cents per pound.  The soybean meal price is forecast at $400.00 per short ton, up 10 dollars. World oilseed ending stocks are projected at 121.9 million tons, up 1.4 million   ...

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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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