Shortly after his swearing-in as the 47th President of the United States, Donald Trump signed a slew of Executive Orders (EO) putting the wheels in motion for his policy agenda. EOs are signed, written, and published directives from the President regarding the operations of the federal government. Executive orders are not legislation; they require no approval from Congress, and Congress cannot simply overturn them. Only a sitting U.S. President may overturn an existing executive order by issuing another executive order to that effect. During his first term from January 2017 to January 2021, Trump signed 220 EOs. As of this month, 72 have been revoked, mostly during the Biden Administration. Yesterday, Trump rescinded 78 Biden EO...
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.
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means of addressing high beef prices in the United States. After considerable pushback from cattle producer groups,...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscribe online after this date to...