Trade news was floating through the air like snowflakes in December with President Trump noting that a trade deal with China could happen “sooner than you think”. U.S. Trade representative Lighthizer was more reserved in his comments and said “we’ll see” about a China trade deal. The USTR did note that the two countries still have good communication back and forth and that President Trump wants a “good” trade deal, not just any trade deal. Beyond China, the USTR said the U.S. and Japan have reached an agreement on “early achievements” from negotiations for market access. The two countries were discussing ways to increase trade in agricultural and industrial goods, as well as digit...
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.