For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...
House Agriculture Committee Chairman Glenn Thompson (R-Pennsylvania) has been working with Republican leadership to build momentum for a farm bill floor vote, likely expected the week of 27 April, but that depends on other must-pass legislative priorities. The House Rules Committee meets...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan has a Saudi Arabia-backed irrigation program that it says will increase wheat production through improved water use efficiency. The program is part of Pakistan’s Green Pakistan Incentive. Saudi Arabia is said to hav...
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.