The biggest drive of the CBOT’s Tuesday trade had little to do with grain markets themselves and, rather, was primarily focused on risk and positioning dynamics following the apparent Israel-Iran ceasefire agreement. While both sides have apparently agreed to some sort of ceasefire deal,...
Trade Agreements Challenged The 9 July deadline for countries to reach individual trade agreements with the U.S. is fast approaching and while the Trump Administration says negotiations are progressing, there are some high hurdles. Protectionists from India to Europe are pressuring their policy...
USDA will release its quarterly Hogs and Pigs report tomorrow. The pre-report estimate is as follows: The pigs per litter for March through May is forecast at 101.3 percent of last year, with a range of 100.9 to 102.3 percent. The pig crop is expected at a one percent increase, that aligns wit...
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.