World Perspectives
livestock

CETA to Squeeze EU Beef Market; Aussie Grain-Fed Beef; EU Net Beef Exporter

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...

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Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

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Canadians reacted with understandable revulsion to President Trump’s insults to their nation. In yesterday’s election, they were given two choices: elect Conservative Pierre Poilievre as prime minister who pledged to build a better and stronger nation, or choose Liberal Mark Carney...

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Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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Canadians reacted with understandable revulsion to President Trump’s insults to their nation. In yesterday’s election, they were given two choices: elect Conservative Pierre Poilievre as prime minister who pledged to build a better and stronger nation, or choose Liberal Mark Carney...

Canadian Elections

Canadian voters went to the polls last night. They selected Mark Carney, the current Prime Minister, as the leader of the new government. The writ of election was issued just over a month ago, on 23 March, after Governor General Mary Simon accepted a request to dissolve parliament from Prime Mi...

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From WPI Consulting

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.

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