Anyone knowledgeable about the complexity of animal agriculture, and the general public’s weariness about the husbandry and slaughter processes knows that the future is cultivated or lab-grown meat. It is the reason why some of the largest and early investors in this technology have been large meat processing companies. Yet Italy and Florida have banned these products, and other states like Alabama, Indiana and Iowa have similar legislation. Those fighting against new technologies to better meet human protein needs will be its losers. U.S. meat producers are becoming increasingly reliant on exports. East Asia is the destination for a growing share of the world’s meat imports. Ryan Huling of the Good Food Institute points...
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...
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.