False Falsehoods The environmentalists in Europe are accusing the farm lobby of falsehoods and “underhand tactics” to undermine the impending Farm to Fork policy changes but it is their charge that appears to be false. The European Environment Bureau accuses Copa-Cogeca of a massive “disinformation campaign” and “deliberate misrepresentation of the impacts of the Farm to Fork strategy” because it cites a series of studies that have appeared or will appear showing production and farm incomes adversely impacted. At this juncture, there have been three publicly released studies, one by USDA, one by the EU’s Joint Research Centre (JRC), and one by Wageningen University in the Netherlands. All th...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.