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wheat livestock softs

Legacies from the Great War

World War I had an impact on American agriculture that in some respects is still being felt today. To ensure there was enough food to feed the army, the U.S. government put forward an attractive minimum price it would pay for wheat and hogs, which was essentially its first price support program for agricultural commodities.This week marks the 100th anniversary of the beginning of World War I in 1914. It was often referred to as the Great War since it was of a scope never before seen in the history of civilization. It was also called "the war to end all wars," because it was inconceivable that a conflict as horribly bloody and costly in human lives and as destructive in social and economic terms should ever occur again. Yet, World War I and...

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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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