Regional News After recent, disastrous flooding, the European weather is clearing and allowing harvest to accelerate. The flooding in Germany and Belgium is not expected to significantly reduce crop yields, but quality concerns abound. Reports of sprouting grain and disease issues are increasing the odds that the crop may not meet minimum quality specifications in many regions. Kazakhstan is planning to restrict or stop the export of grains and feedstuffs for a six-month period starting 15 August. The move comes as the country faces rising food prices and food security concerns. Ukraine’s Black Sea export ports suspended operations last Thursday due to poor weather. Operations resumed Friday with a clearing of the weath...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.