Agriculture Lesson in DC U.S. Commerce Secretary Wilbur Ross is a leader on trade issues in the Trump administration, and he has been known to express his disdain for all the lobbying by the agriculture sector against his trade policies that put it at risk. However, he learned this week that the sector is difficult to avoid in Washington, DC. Members of the Senate Commerce Committee, which has jurisdictional oversight of Mr. Ross’ agency, called the secretary to task over concerns that the administration’s tough tone on trade would have a backlash with harm to agriculture. His lesson this week about Washington is that every U.S. senator represents agriculture, and each has influence on the subject even when not being on the Agr...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.