World Perspectives

Foibles of the Sustainability Agenda

The Trump Administration announced last week its Agriculture Innovation Agenda, which included the target of a 50 percent reduction in the sector’s environmental footprint by 2050. The details for accomplishing this goal are vague. Not to be outdone, some Congressional Democrats have introduced the Agriculture Resilience Act, which calls for zero emissions from the sector by 2040. The plan is very specific in that it calls for year-round cover crops on 75 percent of farmland. Endorsing the plan was the National Farmers Union since it has always sought supply controls to artificially boost farm income.  The whole sustainability movement still lacks common metrics and sound science. One livestock expert points out that some consum...

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FOB Prices and Freight Rates App (Updated 2 July)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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.

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