Fake Pork Trade USTR Katherine Tai announced that bilateral negotiations had resulted in India opening its market to imports of U.S. pork. This past year, Americans bought on average $21 apiece worth of food from India. By contrast, U.S. agricultural exports to India totaled the equivalent of $1 per Indian, due to barriers against most imports that would be competitive against Indian farmers. Technically, there have been no U.S. pork sales to India due to the lack of a veterinary agreement but fundamentally it is because Indians do not eat pork. Over half the population is either vegetarian or they are pork abstaining Muslims. The consumption of pork is culturally frowned upon, making this concession an easy one for New Delhi to make. ...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.