WOTUS Volatility The White House is reviewing EPA’s latest attempt to definitively define the waters of the U.S. (WOTUS) for regulatory purposes under the Clean Water Act. Like fossil fuel extraction policy, wetlands policy changes with each shift in political party control of the White House. Farmers remain perplexed over how the government can regulate what they often deem to just be temporary and non-navigable wet areas on their farms. Notable is the fact that the Biden White House is trying to rush the rule out ahead of an expected Supreme Court ruling on Sackett v. EPA, which may give leverage to landowners challenging EPA restrictions on land use. G7 Dreams G7 trade ministers met in Germany and espoused their hopes for a full...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...