Ukraine Blows Up CAP Some are worried about the impact of Ukraine joining the EU and specifically if it becomes part of the Common Agricultural Policy. Ukraine would produce 18 percent of the EU’s wheat and 57 percent of its sunflower seeds. Its production area is relatively huge and could consume a lot of subsidies. One study said it would require so much of the CAP’s resources that the rest of the member states would have to take a 20 percent cut to keep within the overall budget. Others contend that Ukraine joining the CAP would present the opportunity to end legacy policies and rewrite the directive in a more thoughtful way. Either way, farm policy will be a big issue on Ukraine’s accession to the single market. ...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.