The WTO Ministerial next month in Nairobi may be seeing a policy breakthrough, or not. Brazil and the EU have teamed up to try and break the logjam on the export subsidies pillar. No Solutions from G-20 There are many financial defense strategies being offered for the survival of farmers and companies in the middle of the current commodity price slump but few for actually getting out of it. Japan is in recession, and Europe is reeling from a major terrorist attack and an onslaught of refugees, while China’s economy should probably not grow any faster. Beijing may have come closest to a policy view toward restarting biofuel production amidst its surplus food stocks. However, opponents of current U.S. ethanol have actually become noisier.Th...
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.