The National Pork Producers Council and American Farm Bureau Federation, together with a number of other groups, said that they are likely to oppose the entire deal if Japan does not agree to comprehensive trade liberalization. Pork Pushes TPP – With or Without Japan Looking forward to significant gains in the growing Asian market, a bipartisan group of 32 senators representing the pork industry wrote a letter to U.S. Trade Representative Michael Froman and U.S. Secretary of Agriculture Tom Vilsack urging them to place a priority on removing barriers to pork trade via the Trans Pacific Partnership (TPP). The letter was initiated by Senators Joe Donnelly (R-Indiana) and Charles Grassley (R-Iowa). The TPP is a regional trade negotiation ini...
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.