Policy President Xi’s Fleeting Rural Dreams With China’s National Day Holiday celebrations in full swing this week, questions have risen as to whether President Xi’s economic strategy is helping or hurting the country. Without question, the trade war with the U.S. came at a challenging moment when Beijing was making efforts to diversify its domestic economy. Specifically, the leadership wants to move away from the export of lower value consumer goods and assembled components to higher value technologies and a larger service sector. Similarly, China’s central government, keenly aware of the shaky ground of its shadow banking sector, implemented several policies to curtail capital outflows and restrict specula...
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.
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...