New Hope for Trump-Xi Trade Deal in Buenos Aires President Trump departed today for Buenos Aires to attend the G-20 summit and meet with Chinese President Xi on Saturday to discuss the ongoing trade conflict. The Wall Street Journal reported today that representatives of the two countries have been discussing a possible deal to end the trade dispute for several weeks. China has apparently put forward a proposal calling for the U.S. to suspend tariffs on imports from that country, and it would in return agree to lift its tariffs and other restrictions on imports of U.S. agricultural goods, including soybeans and pork. This may be a sign that China realizes it will need to import some soybeans from the U.S. China has also indicated it would...
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.
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...