Markets were encouraged by the fact both Canada and Mexico were able to secure 30-day delays on Trump’s tariff plans, which offers hope the duties are indeed a negotiating tactic rather than a steadfast policy platform. The big issue remains the 10 percent tariff on Chinese goods, and Chi...
Livestock producer margins were mostly higher last week as gains in physical cattle prices and deferred hog futures supported profitability expectations. Feedlot margins for both placements and closeouts rose sharply last week, and in the case of closeout marketings neared all-time record highs...
News of President Trump’s tariffs against China, Mexico, and Canada drove the agricultural and macroeconomic markets on Monday with seemingly every tick, dip, and rally stemming from political factors. Over the weekend, President Trump announced 10 percent tariffs on Chinese goods as well...
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.