The U.S. grain trade business has been largely dominated by privately-owned companies for the past several decades. Their efficiency at the business is demonstrated by their success over the years replacing government entities at the task, including succeeding the grain boards in Canada and Australia. However, the Trump administration may have an alternative viewpoint, particularly as China takes a generally state-owned enterprise (SOE) approach to global grain trade. The strategic business advisory firm Hackett Group published a report months ago at the height of the U.S.-China trade negotiations that suggested U.S. agriculture faces a hopeful parallel with 1972. At about that time in history, President Trump’s real estate business...
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.