Later this year, on 22 November to be precise, the 50th anniversary of the assassination of President John F. Kennedy will be remembered. On that date in 1963 President Kennedy was shot and killed by Lee Harvey Oswald in Dallas, Texas. It was one of those instances of great national trauma. Those of us who were around at that time can still well remember exactly where we were and what we were doing when we first heard the tragic news. The 50th anniversary of President Kennedy's death will no doubt revive discussion of his life and his presidency although that discussion has really never gone away.Seldom do discussions of the shortened Kennedy presidency involve agriculture and agricultural policy. Those topics are upstaged by other events...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
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.