Misreading Airbus Tariffs President Trump is about to impose tariffs on European goods using WTO-sanctioned authority in the Airbus case. Europeans are understandably upset but some of the reactions are a misreading of the facts. Including these: • As usual, there is the argument that it hurts American consumers, which is true but if it were the only important impact no country would impose tariffs. This argument only reinforces the need for Brussels to reduce its border measures against U.S. products. • There is the nonsensical warning that it makes it ‘more complicated’ for the two sides to negotiate a solution to the Airbus/Boeing dispute. Negotiations happen due to mutual need and the side with greater lev...
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.