There is a contagion in the markets that is likely worse than the actual coronavirus, and that is fear of the coronavirus. Or at least the unknowns about the disease and its future path. One market advisory warns that global disease issues will define 2020 demand, or at least that is what is being said right now. Let’s keep with the facts: the coronavirus has a mortality rate right now that is higher than the conventional flu, but far lower than the SARS rate nearly two decades ago. Moreover, its relative rate is declining as the number of known infections has been growing faster than the death rate. Both infection rates and mortality will be lower in rich countries due to better health and control systems. A student at Arizona...
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.