World Perspectives

Trump Administration Negotiations: Progress with China but Not with Congress

Reports from China indicate the initial trade talks began with a productive session. Meanwhile, meetings this weekend between Vice President Mike Pence and senior staffers for the Democratic leadership about the budget impasse made no discernable progress. As the U.S. delegation of subcabinet members met with counterparts in Beijing, Vice Premier Liu He joined the talks, adding a positive note. This meeting was to pave the way for an agenda for an upcoming cabinet-level meeting, likely between U.S. Trade Representative Robert Lighthizer and Liu. President Trump is scheduled to be in Davos, Switzerland in two weeks on 21 January for the World Economic Forum. He’ll likely meet with Chinese Vice President Wang Qishan, assuming progress...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4575/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.7725/bushel, down $0.1425 from yesterday's close.  May 26 Soybeans closed at $11.64/bushel, down $0.0675 from yesterday's close.  May 26 Soymeal closed at $312.9/short ton, down...

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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.

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