Gary Blumenthal yesterday wrote about the newest Republican members of the House Agriculture Committee and the controversy surrounding the removal of Tim Huelskamp (R-Kansas). The following is a closer look at the new members and the Kansas situation.Dan Benishek (Michigan-1) is a private practice medical doctor and surgeon who also works at a Veteran's Administration Hospital. Benishek was elected in 2010 and previously served on the Veterans Affairs and Natural Resources Committees. Michigan's first district covers the northern part of the state and is the largest non-at-large district in the country. This is not a heavily agricultural district outside of Michigan's cherry producing region. It is, however, a big forestry area with a Mas...
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.