The marathon trilogue negotiations between the European Commission, European Parliament, and the European Council failed to achieve agreement on revisions to the Common Agricultural Program. The failure is not surprising. The U.S. farm bill is written between just two legislative bodies, and it has been forced into simple extensions in the past. Successful new EU laws are impressive because of the larger political hurdles that must be navigated. As can be expected under the fatigue of near-round the clock negotiating, trilogue partners expressed frustration about each other in its aftermath. However, the farm lobby, Copa & Cogeca squarely placed blame on Farm Commissioner Janusz Wojciechowski, saying he was weak and lacked underst...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
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.