Almostt all of the information on the effect of Brexit is speculation at this point. However, the bottom line on economic growth for the UK boils down to what it does on four key related policies: monetary, trade, fiscal, and regulation. Brexit, in fact, can improve all of these.The newswires recently showed a sign outside a shop in London that summed up the Brexit vote in terms of the works of 19th century British novelist Jane Austen:48 percent Sense and Sensibilities52 percent Pride and PrejudiceWhile the sign was obviously displayed by a Remain partisan, it is nonetheless a timely reminder of the British ethic of facing problems with wit and keeping a stiff upper lip. Indeed, since the U.K voted on 23 June to leave the EU, things have b...
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.