The ancient Greeks associated the rising brightness in the nighttime sky of Sirius, the Dog Star, with the arrival of summer heat and humidity. Sirius would become the brightest star in the sky about mid-July normally coinciding with the hottest, most uncomfortable part of summer. The Northern Hemisphere’s oppressive summer heat during July/August has come to be known as the dog days of summer which is assumed to refer to dogs (and humans) being less active during periods of severe heat. Its ancient connection to Sirius, the Dog Star has been generally forgotten. Beginning last weekend, the “dog days of summer” have engulfed the U.S. from the Atlantic to the Pacific, from the northern border with Canada to the Gulf of Mex...
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.