Understanding Agribusiness and Advancing Policy Farmers are understandably anxious over low prices and now the excess moisture that has spring planting off to a slow start. The Ag Barometer survey of 400 producers indicates confidence that the trade war will be resolved in their favor is down to 71 percent. The ultimate tipping point may be this fall when harvest adds to the oversupply situation. However, hats off to Democratic presidential candidate Cory Booker for pushing back on his primary opponents seeking to break up agribusinesses. Over this past weekend, Booker argued that politicians naming specific companies for dismantling were being Trumpish and not exercising the role of presidents. He correctly noted that antitrust is handle...
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.