Reducing greenhouse gas emission while concurrently growing economically is difficult, thus encouraging cheating or changing the rules. Elsewhere, green groups cannot claim their goals have been achieved without losing their own raison d’être. No Honor Amongst Thieves The Trump Administration was widely thought to be determined to withdraw from the Paris Agreement whichlimited greenhouse gas emissions. However, this week it was revealed that the U.S. could remain a signatory provided certain changes are made. Also revealed this week was some “cooking of the books” by EU members when it comes to carbon credits. Apparently, the scam was for capitals to exploit loopholes in the UN’s forestry rules whereby logging targets were incorrectly sta...
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.