In the short term, California's 2008 egg-layer referendum seems to have widened the historical gap between that state's market and other parts of the country. It has also led to another attempt at new federal legislation.We reported on 29 December that California's infamous egg-layer referendum of 2008 would come home to roost this year. As of 1 January 2015, all eggs sold there must comply with the regulations that were part of that referendum, specifically pertaining to battery cages. A subsequent state law expanded that requirement to all eggs sold within the state even if produced outside its borders. Currently, California is the largest consumer of eggs of all 50 states in the nation. The new regulations were subject to a lawsuit from...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.