The Future of Food II Foodies are working hard to return the food system to the good old days, but actual consumer choices make high-technology food the likelier destiny. The Tightening World Wheat Outlook Significant wheat production and supply problems are developing or have already developed for other exporter origins to suggest that demand for U.S. wheat should pick up during the second half of the U.S. crop year, perhaps dramatically so. Soybean Yields Keeping Up With Corn Yields Corn plantings in the U.S. have increased more since 2000 than soybean plantings have, mainly because farmers perceive corn yields have grown faster than soybean yields and that profits from corn are greater than soybeans. However, national average yield...
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.