You are reading this report to better understand the issue of risk. This might make you unusual since the Global Financial Literacy Excellence Center reports that respondents to its surveys show only 35 percent answer questions correctly about the topic. Then again, it is a tricky subject. Even those that study risk intently can differ in their views about various factors. Take the current macroeconomic situation. The Atlanta Fed model suggests the U.S. economy grew at 5.8 percent in Q2. Many expected a recession and now it seems too good to be true [emphasis added]. Cash flows indicate some in trepidation. Consumer demand is weakening, and U.S. business activity reportedly approached stagnation in August. New business demand in serv...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.