China Speared Then Perhaps Retaliates Presumptive Democratic presidential nominee Joe Biden’s accusation that his rival, President Trump, has been too soft on China has launched a campaign battle focused like a laser on Beijing. The rhetoric is heated, and China has to skillfully play a role in a democratic debate for which authoritarian regimes are generally unskilled. Mr. Trump argues that Beijing wants Biden to win, and no doubt it does. Mr. Biden is at least predictable. But for American farmers, they want China to make its committed Phase One agricultural purchases. If it looks like Biden has a clear edge, it would be tempting for Beijing to stop making the purchases in order to hand the Trump Administration a failure. However,...
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...