Once again, the big action in the ag futures markets was in the cattle markets, where futures hit new contract and all-time highs for the second straight day. Unexpected strength in the physical cattle and beef markets has propelled futures higher this week, with funds rapidly expanding already...
‘Dirty 15’ Treasury Secretary Scott Bessent said that the Trump Administration may provide one unique number as the newly applied general tariff on each country supplying goods to the U.S. The few countries that have a trade deficit with the U.S. may escape receiving a number but fo...
The CBOT saw wheat lead the way higher as traders are increasingly concerned about dry weather in the U.S. Southern Plains, as well as parts of the Black Sea. That strength spilled over into corn and soybeans a little bit, but neither of those markets could sustain any meaningful rallies. Fresh...
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.