The House and Senate are returning from their two-week Easter recess period with a busy agenda ahead. While the Department of Homeland Security (DHS) shutdown has now hit the two-month mark, a plan is emerging to use reconciliation to fund Immigration and Customs Enforcement (ICE) and Customs a...
Mediterranean/Middle East/North Africa/Africa – MEA Region Syria is reported to be the main destination for Russia’s shipments of Ukraine grain from occupied regions. Egypt had been the main destination, but it has now stopped buying grain from occupied areas. Syria and Ukraine plan...
Commodity markets were mixed today, while Wall Street traded higher after President Trump said the Iranians still want to negotiate after he closed the Strait of Hormuz. The result is baffling to some, but the market reflects investor expectations about future corporate earnings and growth rath...
The Bureau of Labor Statistics (BLS) released the March Consumer Price Index (CPI) today, showing that it rose 0.9 percent, seasonally adjusted, month over month, after being up 0.3 percent in February, and rose 3.3 percent over the last 12 months, not seasonally adjusted. Energy was the...
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.