A larger problem for the TPP is that even the pact’s supporters in the U.S. (the business community) have mostly endorsed it with the caveat that it needs some fixes. Now the pork industry is becoming lukewarm as it sees Japan taking certain measures. TPP’s Challenges A report jointly produced by the World Bank and the Peterson Institute for International Economics on the impacts of the Trans-Pacific Partnership (TPP) will be used by both American supporters and opponents of the trade agreement. On one hand, it shows U.S. exports growing 0.4 percent by 2030, a faster rate than at least four other signatory countries, but on the other, it has the overall American economy gaining the least growth overall. The latter is largely the result of...
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.