World Perspectives
farm-inputs

Similarities of Farming and Manufacturing

Debate around the reauthorization of the U.S. farm bill is focused on the legislation’s two major functions, domestic food assistance and farm price supports. The former involves Republicans trying to reduce the most generous portions of what amounts to 81 percent of farm bill spending, and others trying to reign in the amount of money received by the largest farm operators. That is a slight over-simplification, but the farm support debate deserves a larger discussion about context. Opponents of the derisively framed “factory farming” are arguing that food security is national security, and small farms are the answer. The National Family Farm Coalition takes it a step further and opines that the answer to global hunger is...

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feed-grains soy-oilseeds wheat

Market Commentary: Export Chatter Lifts Soymeal, Soybeans; Weather Worries Boost Wheat

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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.

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