False Falsehoods The environmentalists in Europe are accusing the farm lobby of falsehoods and “underhand tactics” to undermine the impending Farm to Fork policy changes but it is their charge that appears to be false. The European Environment Bureau accuses Copa-Cogeca of a massive “disinformation campaign” and “deliberate misrepresentation of the impacts of the Farm to Fork strategy” because it cites a series of studies that have appeared or will appear showing production and farm incomes adversely impacted. At this juncture, there have been three publicly released studies, one by USDA, one by the EU’s Joint Research Centre (JRC), and one by Wageningen University in the Netherlands. All th...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.