Ending EU’s Big Ag The French government institution France Stratégie issued a report calling for a complete overhaul of the Common Agricultural Policy (CAP) and not just a tweaking. The proposal calls for compensating farmers for their employment rather than for their agricultural production. It also emphasizes supporting their ecological contributions. While U.S. farm policy was formed in the 1930’s when abundant food surpluses hurt farm income, the CAP was created to solve post WWII food shortages. This proposal comes at a time when major producers are seeking to protect the current system against environmentalists that are demanding a pastoral form of farming. The shift from supporting production to employment and t...
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.