Regional News The weather patterns remain unfavorable for EU and UK summer crop development with above-average temperatures forecast for the next 15 days. The hot temperatures will combine with below-normal rainfall to offer significant chances at crop stress heading into mid-July. The latest model runs from both the GFS and EU models show a slightly wetter pattern developing in the 6-10-day forecast now, but predicted volumes are still well below normal. The current dryness is starting to take a toll on crop conditions, and NDVI maps are showing emerging stress through central France, Italy, Hungary, and parts of Romania and Bulgaria. Turkey decided to increase transit fees through the Bosphorus strait by 15 percent effe...
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: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
August 2026 total red meat and poultry stocks totaled 2.01 billion pounds, down 0.5 percent from July versus the typical 0.3 percent monthly decline, but 0.9 percent above August 2025 levels. Total red meat stocks rose 0.8 percent for the month despite typically declining 0.1 percent and were 8...