World Perspectives
feed-grains soy-oilseeds wheat

The Cuban Détente

Since the embargo and economic isolation have failed, it seems like a good time to try economic engagement instead, especially given that there will be some kind of governmental change in Cuba in the foreseeable future.In January 1960, we flew to Havana to meet with the manager of the Santiago, Cuba flour mill at his request. Ever since the Castro government took over in early 1959, he was having increasing difficulty in arranging payment in U.S. dollars for the U.S. wheat imports used by the mill and wanted to discuss the situation. We stayed in the Havana Hilton, an 800-room hotel located on the beach at Miramar, which had an occupancy rate of about 10 percent at that time after the revolution had destroyed the usual tourism. The dealers...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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livestock

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feed-grains soy-oilseeds wheat

Summary of Futures

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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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