The current poltical trend involving a nationalist populism and demands for change (however defined) around the world combined with other events provides an unsettled backdrop for seasonal wishes, but they are worth noting.Christmas is not only a time for giving but also for receiving, which is usually the primary focus of young children. We recently had the opportunity to read the Christmas wish list written by our 11-year old granddaughter. At the top of her list was a smart phone. She also wished for various clothing items, some earrings and a skiing vacation. The final item was a wish that “everyone around the world would try harder to get along with everyone else.” It seems that this one simple wish from a young girl sums up quite well...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.