Enough is Enough Special interest lobbies cannot show satisfaction lest they lose their raison d’etre. However, French Agriculture Minister Marc Fesneau reached his own point of dissatisfaction. Euope’s green lobby got everything they wanted in the new Common Agricultural Policy. Farmers will produce food using less land and fewer inputs. However, the devil is always in the details and the greens now sense that outcomes will be less robust than they had dreamed. France sent to Brussels its proposal for abiding by the law only to have the Commission demand changes. Paris then resubmitted and obtained approval for a more robust approach. The green lobby reacted by suing the Commission and accusing it of “breeching&rdq...
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.