The news is saturated with talk about the fiscal cliff and its impact on the economy. What if -- just for argument's sake -- the cliff is not as big as we think it is? Remember, for the last three years we've been hearing about the next big catalyst that will take down or stall the economy; thus far there has been Egypt, Greece, Spain, the Gulf oil spill, U.S. debt downgrading, the tsunami in Japan, and several other factors. We've been waiting for the double-dip recession since 2009 -- it has been long enough that it will not accurately be called a "dip" any more. What if -- again, just for argument's sake -- we're already in the process of scaling down the cliff and there is a safe, soft landing at the bottom?The economy has been slow b...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
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.