Momentum is supposedly building in Congress to fully liberalize economic engagement with Cuba. Meanwhile, the president’s Export Council (PEC) has pondered its own economic development initiatives. Write with Clarity The U.S. House Judiciary Committee approved a bill, the “Separation of Powers Restoration Act” (H.R. 4321), which seeks to reverse court deference to regulatory agencies as efforts are made to interpret and regulate under federal statutes. There is congressional frustration that agencies have too free a hand in their work and misinterpret or ignore Congress’s intent. Of course the best solution would be for Congress to write laws with greater clarity, but it uses vagueness as a part of the compromise process. It papers over d...
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.