New World Order U.S. Treasury Secretary Janet Yellen said yesterday that harsh consequences will be imposed on countries that break the international economic order and charged Russia with weaponizing economic integration. For Moscow, that must have sounded rich since it is Washington trying to economically isolate Russia. Moreover, efforts to reduce reliance on China and instead trade with “friends” that “share common values” has had the ring of Western isolationism. Then there is the nationalistic rush to crank up domestic production of semiconductors, solar panels, rare earths, and other goods that are currently mostly traded. However, the risk to the dollar as a reserve currency does not come from the ren...
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.