Biden to Get Waterboarding Regulating water quality under the U.S. Clean Water Act has become a political football, changing policies with each change of party in the White House. However, it looks likely that President Biden’s crack at regulating the Waters of the U.S. (WOTUS) is headed for a drubbing in the narrowly divided Congress. The Republican-led House has already voted down the proposed regulation and a handful of Democrats in the Senate are likely to join Republicans in that body in doing the same. The problem boils down to definition and the mistake made by EPA was to draft vague and imprecise language, leaving itself discretion that too few industries trust, and especially U.S. agriculture. The Administration has thus far...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.