Regional News The weather across Europe has shifted from an extremely dry pattern earlier this spring to a wetter, more normal pattern in the past two weeks. Nearly all areas of Europe have received widespread rainfall over the past two weeks while the past seven days have offered good coverage of all areas except the UK, northern Germany, and Italy. The recent rainfall has boosted crop conditions and is helping keep yield forecasts for winter and summer crops steady. The 7-day forecast again features widespread rains across southern Europe. However, the UK, as well as northern France and Germany will remain drier than normal. The current forecast is especially worrisome for winter crops in the UK, where drought concerns are m...
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.