WASDE and Exports USDA’s November WASDE report of today projects slightly lower beef and pork production but slightly higher broiler production versus last month’s estimates. The beef forecast is reduced 0.5 percent based on expected slower fed cattle marketing and lighter carcass weights in the coming quarter, and per capita domestic consumption is projected to be down three-tenths of a pound. The pork forecast is lowered 0.33 percent based on a slightly slower slaughter rate, but there is no change in estimated domestic demand. Broiler production is forecast to be 0.25 percent higher based on more birds, and domestic consumption is forecast to be up by a half-pound. The forecast for broiler exports is reduced by nearly...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.