Public Health COVID-19 Case Count in Shanghai Continues to Surge According to various news reports and social media, government officials in Shanghai have issued a series of stern warnings regarding potential violations of the lockdown. New coronavirus (COVID-19) cases have risen to a record 26,330 as of Tuesday, which has rattled the city’s political leadership. Meanwhile, local residents have complained about being separated from their children in the case that either them or their kids test positive, and reports of food and water shortages are continuing to mount. Police have issued statements threatening Shanghai citizens with severe punishment should any individual be caught violating quarantine measures or using forged d...
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.