The leadership of the House and Senate Agriculture Committees is urging USDA Secretary Tom Vilsack to transfer funds from the Commodity Credit Corporation (CCC) to the Animal Plant Health Inspection Service (APHIS) to continue and expand the fight against avian influenza.Since last week when we reported on the status of the avian influenza outbreak in the U.S., there have been four to five more cases reported in Iowa including a first outbreak in a breeding farm. As of 28 April, approximate totals have reached nearly 4 million turkeys in 68 flocks and 11.4 million chickens in 10 flocks of layers.In a letter to USDA Secretary Tom Vilsack, the leadership of the House and Senate Agriculture Committees, House Chairman Michael Conaway (R-Texas)...
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.