Harris on Food U.S. Senator Kamala Harris (D-California) is Mr. Biden’s selection for vice president on his ticket and she is your garden variety Democrat when it comes to agriculture. She advocates for farmworkers, domestic food assistance and is a co-sponsor of the Green New Deal. Perhaps indicative of her policy inclinations, she is reportedly an enthusiastic cook who follows her fellow Californian, the celebrity chef Alice Waters. Waters is a huge proponent of organic food, and the small, local farm movement. Seasonal Produce Hearing USTR will hold a public hearing tomorrow on proposals to introduce special seasonal safeguards for perishable fruits and vegetables. Most of the rest of U.S. agriculture opposes the initiativ...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
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.