The drought in Australia during 2015 and the end of dairy production quotas in the EU are both having an impact on the global beef market. CETA to Squeeze EU Beef Market The EU-Canada Comprehensive Economic and Trade Agreement (CETA), which becomes effective 21 September, will squeeze U.S. and other beef exporters’ market share. The agreement guarantees that Canada will have market access for 3,200 MT of its high quality, grain-fed beef. That access will come from the high quality beef (HQB) allotment, originally established between the EU and the U.S. in 2009. The zero rate tariff-rate quota was set at 48,200 MT. About 40 percent is filled by the U.S. as Canada, Australia, Uruguay, New Zealand and Argentina all became eligible to ship un...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.