Beijing will reportedly experiment with making a deficiency payment to farmers in order to bridge the difference between the market price and what farmers are demanding. Apparently, the government doesn't care that the U.S. and EU have moved away from such distorting policies, or that it is frowned upon by the WTO. Try Another Policy China's approach of buying grain from farmers at above market prices and then storing it has not worked out very well. The grain goes out of condition, and the country just sold nearly 16 percent of its old crop corn holdings, some of it likely receiving only half the price that the government paid for it. Now Beijing will reportedly experiment with making a deficiency payment to farmers in order to bridge th...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.