Both Mexican President Enrique Pena Nieto and Canadian Prime Minister Stephen Harper will raise the issue of U.S. non-compliance with the WTO on country of origin labeling and NAFTA at the annual North American leaders' summit this week. Defensive in the Middle The political leaders of the U.S., Canada and Mexico meet this week at the annual North American leaders' summit. Mexican President Enrique Pena Nieto has suggested that NAFTA needs to operate more akin to the European Union. Both he and Canadian Prime Minister Stephen Harper will raise the issue of U.S. non-compliance with the WTO on country of origin labeling and NAFTA in terms of allowing Mexican trucking into the U.S. Meanwhile, President Barack Obama will have fewer offensive...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.