Major Dairy Defeat In a major policy defeat for U.S. dairy, a USMCA dispute settlement panel ruled that Canada’s dairy quotas do not limit U.S. access. U.S. dairy exports to Canada have risen but at less than the level expected when Canada promised to make changes to its regime. Ottawa put control of the import tariff rate quotas in the hands of domestic processors, who it is argued are bent on protecting the domestic supply system. The Biden Administration says it remains focused on gaining access to the Canadian market, but its options are limited. Canadian Prime Minister may rightfully fear the return of Donald Trump to the U.S. presidency because he is more likely to take extraordinary measures in cases such as this. The ruling i...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.