Senator Aecio Neves trailed far behind Marina Silva and President Dilma Rousseff early in the campaign, but placed second in Brazil's presidential election. He will square off against Rousseff in the runoff that is scheduled in three weeks.When the polls closed in Brazil Sunday night, no presidential candidate had garnered a majority of the popular vote, forcing the campaign into a runoff on 26 October. Below is a summary of the 11-candidate election:Senator Aecio Neves trailed far behind Marina Silva and President Rousseff early in the campaign. As we previously detailed on 3 October, Silva and Neves were in a statistical tie. Neves' finally tally was a surprising surge at the polls. The two receiving the most votes, President Rousseff and...
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.