Cultural The Year of the Ox Arrives With China’s Luna New Year’s Eve occurring last Thursday, the year of the rat came to a close and the year of the ox was ushered in with an air of optimism that 2021 will bring more normalcy. The symbolism of the ox and its reputation for honesty, hard work, strength, dependability, and determination appear as welcome signs according to many reports across the Middle Kingdom. The idea of putting family and work first after a year of tumult seems to be at top of most average citizens’ 2021 wish list. In addition, the ox as the dependable draft animal seems to be suggesting that agriculture will continue a sustained run and flourish in the new year. Pandemic COVID-19 Still...
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.