India Trade The Ministry of Commerce and Industry is reporting that progress is being made in trade negotiations with the U.S. and details could be forthcoming within a couple of weeks. In fact, India is stepping up their trade agenda across the board. India moved this week on a trade agreement with Finland, as well as reviewing agreements with Japan and Korea. The Korean negotiations began three years ago and are now being fast tracked. Further, a joint working group has been formed to identify issues for a potential Japan agreement. Talks may soon start with the EU. According to a statement this month from the Ministry: India’s economic interests and national priorities come first and the concerns of the farmers, dair...
The USDA has lowered its 2026 red meat production forecasts while leaving poultry almost unchanged. Beef is now projected at 24.877 billion pounds, 90 million pounds below August on slower Q3 fed cattle slaughter and lighter dressed weights, along with an anticipated counterseasonal cutback in...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s grain imports have fallen off in recent weeks due to several reasons, according to local experts — large imports of maize earlier in the year built up good stocks, while the availability of local maize has sinc...
Beef packer margins deteriorated to $156.75/head last week, down $46.05 from the prior week as fed cattle prices strengthened while gains in the Choice cutout were comparatively modest. The Choice cutout increased...
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.