USTR is spinning that progress was made at the WTO’s ministerial in Abu Dhabi that ended over the weekend, claiming progress on revitalizing the dispute settlement process, though arriving at no conclusion. There was an extension of the duty-free provision on ecommerce, though even that has some cloudy aspects to it. There was no progress on the key issue of fisheries protection, so the pillaging will continue. There was also no agreement on India’s demand for a permanent acquiescence to its Public Stockholding program (PSH). In fact, the issue got so ugly that New Delhi filed a protest against Thailand’s ambassador for asserting that India’s PSH program is just an export subsidy scheme. Thailand replaced its...
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...