Getting Away with It The threats of sanctions did not deter Vladimir Putin’s invasion of Ukraine and there is no reason to believe their implementation will now reverse the situation. The aggression has created much for the transatlantic alliance to ponder. First and foremost is China, which supposedly is on the sidelines but insists that Ukraine is not Taiwan as it bullies Taipei by sending more warplanes into Taiwan’s airspace. President Trump was a terrible messenger, but he was not wrong to warn Germany against dependence on Russian gas, and he was not wrong to demand that Europeans spend more on defense. In the wake of the invasion, German Army chief Alfons Mais wrote on LinkedIn, “The Bundeswehr, the army I am allow...
Beef packer margins improved to -$130/head last week, up $44 from the prior week as sharply lower fed cattle prices more than offset continued seasonal weakness in the Choice cutout. The cutout declined to $373/cwt while fed cattle prices fell to $238/cwt, allowing packer spreads to recover for...
What You Need to Know Today: The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. President Trump said Iran “will pay” for recent attacks that claimed the lives of U.S. troops stationed in Jordan. There are some signs...
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.