Greed and Climate Change: Greed will cause UN climate change negotiations to end this weekend in Doha, Qatar without agreement. The negotiations were made possible following an agreement last year that committed all nations to make reductions in emissions. However, developing countries are making several demands -- including that their development needs obviate the ability to make commitments equivalent to the rich countries -- and they want rich countries to increase by 30 percent the amount of subsidies they are paying to help developing countries adapt to climate change. American negotiators are pointing toward the U.S. fiscal cliff and saying "no way." Meanwhile, India is refusing to reduce the methane and other emissions caused by it...
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.