Trade, the Election and the Future Renegotiating trade agreements and improving citizen understanding are necessary public policy goals. The Importance of Free Trade Agreements to Livestock More than most other commodities, red meat is subject to trade restrictions around the globe. However, free trade agreements (FTAs) have circumvented or eliminated many traditional barriers and benefitted exporting nations. U.S. Soy Sector and Free Trade Agreements The U.S. has benefitted from free trade agreements, particularly those with Morocco and Colombia. The soy sector has also enjoyed some growth in exports to several of the signatory countries. Commodity Market Review There are several factors involved in the resounding rally in soybean,...
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.