Regional News Europe has faced heavy rains and dramatic storms in recent weeks that are causing profound concerns for winter crops. While the rain has refilled depleted soil moisture profiles, it could cause signifcant quality issues for the winter wheat crop and damage winter rapeseed and other plantings. Furthermore, weather forecasts call for a sharp dip in temperatures across the Baltic countries where little snow cover is available to protect crops. It is too early to tell what the production impacts might be, but many traders are already penciling in 5+ percent reductions into balance sheets. Heavy rainfall and flooding in the Netherlands are causing issues with logistics, transportation, and operations at many ag proces...
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.