Regional News France is preparing to block a free trade agreement between the EU and Southern Common Market (Mercosur) trade block. French ag minister Annie Genevard said her country would not sign the deal that “condemns its farmers”. Poland confirmed it will continue its ban on imports of Ukrainian wheat, corn, rapeseed, and sunflower seed, despite new EU guidelines designed to harmonize grain trade. The move has bolstered domestic prices but continues to distort regional flows, particularly for corn and rapeseed. Northern Europe remains well supplied with feed grains and oilseeds following favorable harvest weather and minimal logistical disruptions. German and Dutch inland logistics are stable, with barge movement on t...
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...