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soy-oilseeds

WASDE Soymeal

USDA Notes: Beginning stocks are reduced with higher 2018/19 residual use more than offsetting lower crush and seed use.  Residual use for 2018/19 is raised based on indications in the June 28 Grain Stocks report combined with crush and export data through May.  The soybean meal prices are forecast at $300 per short ton, up 5 dollars.  ...

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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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