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softs

Eat less, Toot Less

Plants such as beans, lentils and chickpeas are the nutritional rage. They are plant derived foods with higher protein content and thus their production and consumption should be on the rise. But alas, the USDA data is not comporting with that nutritional advice.  Over the past four years, the U.S. area planted to dried peas, beans, lentils and chickpeas has gone down, along with production. Imports and exports of these commodities have risen, but the strong dollar distorts the situation. On a quantity basis, imports are up 5.1 percent and exports are down by 5.3 percent, but exports are still three times the volume as imports. Either way, the per capita availability of these supposedly preferred foods has gone down.   ...

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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.

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