Mutual Low Expectations The U.S. – India Trade Policy Forum will be held in Washington, DC on 8 November and nobody is expecting much to happen. There are economic structural differences and political commonalities that limit the relationship. India wants access to America’s large services sector, an end to 232 tariffs, renewed GSP access, plus its citizens want to bring the Social Security program benefits they paid to be returnable to India. The U.S. wants access for its goods, including agriculture, plus data and fairer competition policies. Last year, the U.S. gave access to Indian mangoes and pomegranates, India’s quid pro quo was removing barriers to U.S. cherries. Now Washington wants access for alfalfa, eth...
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.