Actions Louder than Words The Sixth Assessment Report from the Intergovernmental Panel on Climate Change was released in August and the associated COP26 meeting begins at the end of October in Glasgow. Leaders gathered there will likely review the UN Environment Program’s released Production GAP Report on fossil fuel output. Once again, the agency found very little effort to wind down development of fossil fuel-based energy sources. Exxon says it is debating cancelling some oil and gas projects, but President Biden has asked OPEC and the domestic oil industry to increase output to ease the supply/demand burden on consumers. That is because elevated energy prices threaten his Party’s electoral viability. The Biden Administration...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.