The ag and food supply chain is recovering from COVID and at least two key aspects of that process are becoming policy debates. The first is the ongoing disruption of shipping container availability and the second is the structure of food aid. Regarding shipping containers, the Ag Transportation Coalition last week sent a letter to Transportation Secretary Pete Buttigieg asking the Department of Transportation (DOT) to assist the Federal Maritime Commission (FMC) to “expedite enforcement options” saying “We need action now, not additional studies” referring to the FMC’s several investigations to date. The FMC initiated Fact Finding No. 29, “International Ocean Transportation Supply Chain Enga...
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...
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.