The overnight CBOT trade showed corn pushing lower while the soy complex traded modestly higher on hopes for positive outcomes from the U.S.-China trade meeting this week. That trend quickly reversed, however, as corn became the upside leader in the day session on technical buying. Corn’s...
Calm Amidst Upheaval Data or surveys about attitudes or opinions are said to be “soft” data since they are emotive based and less reliable. Soft data in recent months had been signaling angst about the U.S. economy and Mr. Trump’s handling of it. Yet, hard data has reflected g...
While the MAHA report from Health and Human Services Secretary Robert F. Kennedy, Jr. still cites consolidation in the meat packing sector, Brazil’s competition regulator, the Administrative Council for Economic Defense (CADE), has approved a merger of two major Brazilian meat processors,...
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.