Cultural The Year of the Rabbit Arrives The Chinese Lunar New Year celebrations began on Saturday with festive New Year’s Eve gatherings. Sunday marked the first day of the annual Spring Festival, which will continue through 1 February and then conclude with the Lantern Festival, which runs 2–5 February. This all-important holiday comes at a critical time, as the country has suffered economically, socially, and physically from a difficult and trying Year of the Tiger. In the week leading up to last weekend’s festivities, China reported 13,000 new deaths associated with the coronavirus. Meanwhile, Johns Hopkins Coronavirus Center shows a cumulative total of just over 18,590. The true number since the reopening and rapid s...
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.