Should the Trans-Pacific Partnership (TPP) reach fruition this year, the pressure on Brussels to recalibrate will be great as capital markets have already pivoted toward Asia. Pacific Wins Over Atlantic This week President Obama asserted his aspiration that the Trans-Pacific Partnership (TPP) negotiations be concluded in time for the 7 November meeting of the Asia-Pacific Economic Cooperation (APEC). This would entail an announcement just days after a U.S. national election for Congress that will determine whether a TPP agreement can obtain legislative approval. More significant is the contrasting message USDA Secretary Tom Vilsack had with Europe this week over a Transatlantic Trade and Investment Partnership (TTIP), which involved...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...