Follow the Rhetoric The term “global warming” evolved to “climate change” and then to “climate crisis.” Each new framing is intended to better provoke action. The latest iteration makes maximal use of scientific flexibility and comes from United Nations Secretary-General Antonio Gutierrez who just birthed the uber alarmist term “global boiling.” The development of carbon offsets and sequestration (CCS) would allow the continued use of fossil fuels, so the language is shifting. Instead of emissions being the culprit, the target is specifically fossil fuels. This is setting up a beautiful fight at the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28)...
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.
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...