The Senate Agriculture Committee held a hearing on 9 February, “Examining Digital Assets: Risks, Regulation, and Innovation.” It is easy to get lost in the complexity of this topic, especially when discussing regulation, such as, which agency should be the chief regulator – the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) or some other agency. It's best to start with a primer on what the digital assets actually are. First, they are assets, which simply are things of value that can be owned and used, such as a physical facility, or a commodity. Digital assets are not physical but rather are stored or transmitted electronically. Then there are the various characteristics...
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.