Purchases are Real China's Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer spoke last night, and the result is bullish the market. While both sides recommitted to the Phase One trade deal the bullishness is the result of stepped up Chinese purchasing and what appears to be a real commitment to it. Reuters quotes an unnamed agricultural trader from a China state-owned company saying, “they think we are going to keep buying from the U.S., at least before the election takes place. And we will." The phone call also involved China’s efforts on structural changes such as protecting intellectual property rights and ending impediments and forced technology transfers but it is the purchasing of U.S.-made goods that 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
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.