The well-publicized feud between U.S. President Trump and Mexican President Enrique Pena Nieto over trade and immigration has received the attention of Argentina and Brazil for one important reason. Russia Threatens to Ban Brazilian Soybeans Over Unapproved GM Varieties Sergei Dankvert, head of Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznador), recently told Luis Rangel, secretary of Brazil’s Agricultural Protection Unit, that Russia had substantial grounds for limiting imports of soy from Brazil because it was growing biotech varieties that his country had not approved. The report of the meeting was disseminated by Russia & CIS Business and Financial Newswire. It did not indicate what GM varieti...
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.