World Perspectives

Threats to the Food System; Aid to Africa; Jumping the Shark

Threats to Food System A risk assessment of the impact of COVID19 on the U.S. food system includes the following: Only a small handful of countries have announced export bans on things like wheat and flour, items not needed in the U.S. Foods that are imported by Americans include high value products like cheese and wine from Europe, fresh fruits and vegetables from Mexico and Central and South America, plus low grade beef. U.S. farmers are forecast to produce record levels of some commodities this year. To prevent food borne illnesses, food processing companies are already set up as a microbiological control point (workers wear gloves, masks, do daily washdowns, etc.). Warehouses are stocked with 7 -9 months of shelf-st...

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U.S. Soybean Crush Margin Outlook

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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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