Social Engineering Trade International trade brings economic benefits and thus various interests have been trying to tap its values for many years. These include human rights, labor laws, environmental protection, and economic development. Now former U.S. official Cathy Novelli believes trade laws should be rewritten to accomplish action on climate change. She believes sustainability experts need a seat at the table next to trade negotiators and that carbon border adjustment mechanisms among other measures need consideration. Additionally, international development banks should give benefit to funding projects that include environmental sustainability. South Wins U.S. southerners have been teased that without the frying pan, they w...
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.