Defining and quantifying world food security is difficult, to say the least, but there is at least one significant effort to do so. Since 2012, the DuPont-sponsored Economist Intelligence Unit (EIU) has annually compiled a detailed Global Food Security Index.The subject of world food security is widely discussed on a theoretical and/or academic level. Various UN agencies bemoan the lack of it. Its Food and Agricultural Organization (FAO) estimates that although the world’s undernourished has fallen by 176 million in the last decade, approximately 11 percent of the global population remain in that category. International conferences are held periodically to discuss food security problems, but there is also the question of whether or not the...
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.