Voting in the U.S. Congress had been increasingly partisan with Republicans favorable and Democrats opposed to free trade deals. Now the 2016 presidential contest pits anti-TPP Trump against anti-TPP Clinton? Evolving Terminology In language, terminology evolves to suit the needs of its users. Thus, it is reproductive rights and choice versus right to life or illegal immigrants versus undocumented workers. However, the continuing churning of descriptors for a more environmentally sensitive agriculture is impressive. With derision heaped upon high fructose corn syrup (HFCS), marketers may instead begin labeling it as isoglucose. Sustainability, being difficult to define and potentially harmful to the poor, became sustainable intensificatio...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.