Donald Trump will reportedly push for a bilateral trade deal with Japan when he meets next week with Prime Minister Shinzō Abe, but the idea may not be warmly received. Japan Rebuff of Trump Donald Trump will reportedly push for a bilateral trade deal with Japan when he meets next week with Prime Minister Shinzō Abe, but the idea may not be warmly received. Tokyo could not tolerate being left out of a broader Trans-Pacific Partnership (TPP) involving the U.S. since that would have resulted in it having less favorable trading terms in the big American market than other competitors joining that agreement. However, there is now no such threat given Trump’s withdrawal of the U.S. from the TPP. Trump thinks he can drive a better bargain bilate...
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.