Regulatory Harmonization U.S. and European leaders made a public commitment this week to a high-standard, comprehensive TransAtlantic Trade and Investment Partnership (TTIP). This will require regulatory coherence and both sides of the Atlantic have models already at play. Brussels has been working to harmonize intra-EU rules, and the U.S. and Canada have a Regulatory Cooperation Council that seeks to align the standards in both countries. The benefits go beyond commerce and include public benefits such as shared work – without the red herring of lost sovereignty. Separately, the Organization for Economic Co-operation and Development (OECD) issued a report this week highlighting the value of better aligning value chains, another TTIP g...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.