Previous Status Quo EU Director General for Trade Sabine Weyland says bilateral relations with the U.S. need to be improved, but not through more liberalized trade. She called for settling the current bilateral disputes like Airbus/Boeing, plus working together on WTO reforms and China. That may well be the track chosen by a Biden administration, but President Trump has characterized Europe as a major barrier to U.S. exports and not as a partner at the WTO. The challenge for a Biden White House is working with Brussels but without conceding the disparities in the terms of trade. If they were to be currently in favor of the U.S., Ms. Weyland would be arguing for a bilateral trade negotiation. Helping or Hurting Democrats are arguing that...
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.