Early voting in the two Georgia Senate runoff races begins today. Georgia is one of the few states with special election rules, where there is no primary and all candidates, regardless of party, run in the general election. If no single candidates earns 50 percent of the vote, there is a January runoff. Since 1988, there have been seven statewide runoffs in Georgia. This cycle’s runoff is on 5 January (with, as mentioned, early voting starting today). The 117th Congress convenes on 3 January. The party split is now 48 Democrats and 50 Republicans. To maintain a majority in the Senate, one of the two Republican incumbents running in Georgia must win a runoff. For Democrats to gain the majority, both Democratic challengers must w...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.