Chinese Premier Li Keqiang spoke at a seminar of senior government officials last week, urging state-owned firms to innovate, improve efficiency, focus on long-term growth and find global collaboration opportunities.China is the world's second-largest economy and is now experiencing its slowest growth in 25 years, but things could be worse. The bearish side is well known: China cut interest rates five times this year and adjusted the exchange rate in August to depreciate its currency. Those moves led to an estimated $5 trillion equity selloff and a major depreciation of the yuan. However, CBB International, a New York-based economic advisory firm that publishes the China Beige Book,a quarterly compilation and analysis of economic statistics...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.