As the EU pursues a public comment period on the fairness of the food value chain, there are plenty of pitfalls ahead. Food Fairness As the EU pursues a public comment period on the fairness of the food value chain, there are plenty of pitfalls ahead. USDA has long published the farm value of the food retail price in the U.S., and while populist American farm groups mimic the lament over its spread just like their European counterparts, evidence of abuse has never surfaced. In fact, the chief economist for the largest U.S. farm group found irony when the food workers union (UFCW) joined the populist farm groups in protesting the small share collected by farmers; UFCW members have taken the largest and fastest-growing share of the American...
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.