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...
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.
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...