Coronavirus Concerns China announced today that the additional marginal tariffs imposed on U.S. products on 1 September 2019 would be rolled back as the Phase One trade deal takes effect on 14 February. According to the Ministry of Finance, the tariff on two lists of products “listed in Parts 1 and 2 of Annex 1” will be cut in half. Those items facing a marginally increased tariff of 10 percent will now be adjusted to 5 percent and those facing a margin increase of 5 percent will now be adjusted to 2.5 percent. Among that list of products are a number of beef and pork offal products. It amounts to not much of a reduction in overall tariffs originally imposed back in July of 2018. But that won’t be much compared to...
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.