Friday’s Tariffs Brazil and India are two of the bigger countries facing President Trump’s tariff escalation this Friday, and both will receive extra punishment. U.S. tariffs on Brazil will be 50 percent as extra was added due to Mr. Trump’s opposition to the judicial treatment of former conservative Brazilian president Jair Bolsonaro. Estimates are that Brazilian beef exporters could lose $1 billion due to the tariffs. India is facing 25 percent tariffs, plus more if they continue buying oil and military equipment from Russia. U.S. agricultural export groups have been delusional in seeing India as a huge potential growth market. Like China, India continues to develop its own GMO crops while denying access for equiva...
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...
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.