If adding labor to industry groups is a good idea, why not just throw all of the disparate interests onto the same committee and enjoy a literal three-ring circus? Loss of Face This week's Trans-Pacific Partnership (TPP) negotiations in Singapore will not conclude the talks and instead shows a ramping up of leverage. Australia and New Zealand complain that not enough is being offered on market access. Meanwhile, the U.S. has reportedly suggested that the negotiations proceed without Japan, since Tokyo is trying to keep too much protection for sensitive products. The threat is a very harsh attack, but also effective given Japan's sensitivity about honor. Hopefully, it reflects the storm before the calm. Can't We All Just Get Along The po...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.