Regional News After a rainy winter crop planting season, Europe’s weather looks to finally change to favor fieldwork in the next week. The 7-day forecast offers below-normal precipitation for the UK, Spain, and France with near-normal volumes for Germany and southeast Europe. Temperatures will be cooler than usual, however, which will offset some of the benefits of the drier conditions. After one week, a rainier pattern will emerge for most of the continent, however, with normal or slightly above-normal precipitation forecast into early December. The Interfax-Ukraine news agency reported on Friday that the country has sent 151 vessels through its new, self-secured “humanitarian corridor” that was started in A...
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.