Meat Tipping Point Activist groups in Europe are rallying against meat imports from Mercosur just as Brussels tries to complete a trade agreement with parts of the Southern Cone. They are accusing Brazilian cattle ranches of using slave labor, receiving public subsidies and ruining the Amazon. Their effort may profit aid to Europe’s cattle industry, but it damages the overall interests of the global animal protein sector. Attacks on the industry have shifted the public policy focus toward the sustainability of livestock production techniques as well as animal welfare practices. Meanwhile, major investors and even agribusinesses that own part of the real meat segment are investing in the “clean” meat, alternative proteins...
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: 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...