Business and politics are not too different in that change is constant and adaptation is essential to survival. When commodity prices increase, the sector attracts younger, more skilled workers. When commodity prices decline, there is consolidation. Xi Jinping and Donald Trump are trying to calculate whether their respective political markets have more room for risk-taking or if it is time to consolidate. The U.S. and China are said to be working on a trade deal, but while President Trump boasts of new impending tariffs, his trade representative, Robert Lighthizer, says he expects there to be a meeting of the minds in Buenos Aires. In a similar vein, President Trump says he does not expect significant congressional opposition to his U.S.-M...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...