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Farm Bill Misses Target

Thus far Congressional policymakers have assured that the 2012 Farm Bill will continue federal subsidies to farmers, consumer subsidies to sugar, and aid to beginning farmers and ranchers as if there were a shortage of farmers. The Senate Agriculture Committee included subsidies for fresh fruit and vegetable purchases for schools, but otherwise there is no indication the Hill will address the largest food-related issue affecting the country: obesity.A study just released by the Institute of Medicine (IOM) indicates that stabilizing obesity at the current level would save $550 billion in health care costs. Confidentially, members of Congress want to do something but, given the lack of a single, definable and unobtrusive silver bullet for t...

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CFTC COT Report Analysis

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feed-grains soy-oilseeds wheat

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CFTC COT Report Analysis

Friday’s CFTC report was consistent with expectations in that it showed managed money traders becoming dedicated net buyers across nearly every major ag market, with the notable exception of cattle futures. The buying was most notable in soybeans where, despite the trade war, funds flippe...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

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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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