Glyphosate on Steroids It only takes emotive-based fear to elicit demands for glyphosate to be banned so at least there is a fact-based rationale for COVID-19 restrictions. EU Trade Minister Phil Hogan tried to ride out criticism of his attendance at a golf club dinner but in the end, Brussels capitulated to intra-Irish politics and let him go. Participating in large indoor gatherings is among the higher risk behaviors when it comes to the disease and so perhaps his resignation was a necessary outcome. But through his five-year stint in EU policymaking, one always had the impression that he is competent. His departure is a loss for the EU and for its trading partners. Exceptional Food The G20 reported this week that COVID-related measure...
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...