Pork Getting Grilled by Interest Groups First, the Humane Society of the United States (HSUS) filed a complaint with USDA alleging that the National Pork Board is using checkoff dollars to fund National Pork Producers Council (NPPC) lobbying efforts. At issue is what HSUS says is the Pork Board's involvement with NPPC's Pork Alliance program. Because funds from the Pork Alliance program are used for lobbying purposes, HSUS argues that it is illegal for the Pork Board to be associated with that effort. The Pork Board asserted that while it sponsors a dinner at the fall meeting of the Pork Alliance, it is not a member.Then, Consumer Reports yesterday claimed that 69 percent of all raw pork samples tested was contaminated with the dangero...
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.