Trade War Phase II The EU and U.S. have a pathway for resolving trade differences, as wrought as it is with potential disappointment, and now the Chinese and Americans are meeting. Although the negotiations will be at a low level, and thus there are low expectations, talking is more reassuring than blustering. More important are the following political developments in countries involved in the trade disputes: U.S.: Support for Donald Trump from farmers, a key constituency, has dropped by a third, according to Farm Journal. The American economy is, however, strong. EU: Europeans hate the bullying from Trump, but they are mindful of the economic risks he has imposed at the same time the Community faces political risks in the east and the s...
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.