There is much lamenting in Europe over Donald Trump’s decision to end the U.S. leadership on trade liberalization, mostly because it exposes Europe’s limited ability to fill the void. Mexico Miscalculates Mexico’s President Enrique Pena Nieto cannot win for losing. The decision to cancel his meeting with U.S. President Donald Trump reflects the truly weak position of his country, the weakness of his personal character or perhaps both. Mr. Pena Nieto took a drubbing at home and in the media when he last met candidate Trump, largely because his advisors had not figured out how to play the American egotist. Trump is not ridiculing Japan, despite its many decades of trade surpluses with America, and he isn’t talking about building a wall alon...
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.