Regional News Concerns about the frost-tolerance of the Black Sea wheat crop are growing after the EU Commission confirmed last week that a late start to planting in the region has left crops at risk. Specifically, Romania, Bulgaria, and Ukraine saw a later-than-normal planting and an early onset of cold weather in late November that impaired crop development and “hardening”. Fortunately, the 7-day forecast offers little risk of frost/freeze damage, which will give the crop more time to develop. For the last week of 2021, however, cold weather descends on the Black Sea region, which will put the crop at risk. Despite development delays in Ukraine, Romania, and Bulgaria, the Russian wheat crop is reportedly more adv...
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.