The U.S. election is in just a few days (Tuesday, 3 November). Virtually any outcome is possible. The range is so wide because of the close popular vote margins in a number of states. Note that it is so close that some models predict two outcomes. The election is based on the collective total of electoral votes that candidates earn by winning a state; those votes are based on the Congressional representation that each state has, plus three for the District of Colombia. Campaign strategies of winning state by state to get 270 electoral votes is like a giant game of sudoku. There are a total of 538 electoral votes, it takes 270 to win the Presidential election. For context, in 2016 Trump beat Clinton 304 to 227, in 2012 Obama be...
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.