CBAMing Meat The EU is scheduled to soon publish a revised animal welfare directive that could impact suppliers in other countries. Much the way Brussels fussing over phone charging cords forced a USB-C standard globally, the impending animal welfare standards may have less to do with science than human whim. This is because much of the pressure for new standards is coming from layman claiming a moral imperative. Green Member of Parliament Tilly Metz is even suggesting that there be a Minister for Animal Welfare to ensure it receives priority. Meanwhile, Europe’s livestock producers are demanding fair competition, meaning imported meat must be raised in the same manner. This means a border measure such as the Carbon Board Adju...
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.
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...