Farm Labor “Solutions” The Biden Administration is labor-friendly, and all of the labor sector lobby groups are now working the farm bill reauthorization. Among the demands is too slow line speeds at food processors. It is no doubt relatively dangerous work though worker safety has improved even as engineering has enabled line speeds to increase. At the production level, the proposed Farm Workforce Modernization Act is a misnomer in that it does not actually “modernize” the workforce. It would make bringing in H-2A “temporary” farm workers easier, while offering them an opportunity for legal status in the U.S. The latter is likely to reduce farm labor availability over time. Farm workers themselves are...
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.