Brazil, a major ag exporter, significant player in the global economy, and founding member of the BRICS bloc, is now in President Trump’s crosshairs, receiving a “tariff letter” with the threat of 50 percent tariffs. Imports from Brazil to the U.S. have faced a minimum 10 percent tariff since Trump’s announcement of “reciprocal” tariffs in April – the baseline rate he has applied to most goods from most countries during the 90-day negotiation period, which has now been extended to 1 August. However, the cause of Trump’s proposed tariff rate is not economic nor trade related – BRICS nations faced a 10 percent blanket tariff earlier this week – but the rate is related to...
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.
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...