Fast Reversal On Wednesday, U.S. Trade Representative Katherine Tai told Reuters that, “It’s impossible to predict the organic development of any negotiation. But I want to underscore how optimistic I am” over negotiations with Europe on the Boeing-Airbus dispute. She went on to say, “We are giving it everything we’ve got. I also feel confident that that is being reciprocated across the table.” She said she would do everything she could to ensure the “maximum conditions for success.” Today, Inside U.S. Trade is reporting that the EU is charging Ambassador Tai with going backwards over both the Boeing-Airbus dispute and on biotechnology. They accused her agency of raising issues that had alrea...
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.