Trump’s Successes President Trump gets blamed for much, including for burning down the Amazon by one red-faced environmentalist. His approach can be likened to be the bull in the china closet, but he is having some limited successes: • There is no agreement yet with China but if there is one, it will involve more concessions from Beijing than his predecessors achieved. • The trade agreement with Japan is far less than the benefits of TPP, but even Hillary Clinton said she opposed TPP. • He demanded that Europe pay more for NATO, and now they are, including hyper-resistant Germany. • His removal of India’s GSP privileges was a harsh tactic but now there is word that there is a trade agreement to pos...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.