Follow the Rhetoric The term “global warming” evolved to “climate change” and then to “climate crisis.” Each new framing is intended to better provoke action. The latest iteration makes maximal use of scientific flexibility and comes from United Nations Secretary-General Antonio Gutierrez who just birthed the uber alarmist term “global boiling.” The development of carbon offsets and sequestration (CCS) would allow the continued use of fossil fuels, so the language is shifting. Instead of emissions being the culprit, the target is specifically fossil fuels. This is setting up a beautiful fight at the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28)...
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.