World Perspectives
energy

Complex Food System Demands

Food system managers express frustration over the seemingly simplistic and yet complicated demands coming from consumers. In many ways, their demands are oblivious to the challenges and hard-fought accomplishments of the industry.Food system managers express frustration over the seemingly simplistic and yet complicated demands coming from consumers. In many ways, their demands are oblivious to the challenges and hard-fought accomplishments of the industry as they are at the same time erroneously swayed by the misinformation coming from foodie evangelists. Yet the market moves in many ways to accommodate a myriad of well-meaning if ill-conceived notions. To avoid relatively harmless pesticide residues and minor transportation costs, urban an...

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Mar 26 Corn closed at $4.2875/bushel, down $0.015 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, down $0.01 from yesterday's close.  Mar 26 Soybeans closed at $11.1075/bushel, down $0.045 from yesterday's close.  Mar 26 Soymeal closed at $297.8/short ton, down $5...

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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.

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