IPEF Impact: Thirteen countries followed the U.S. lead in launching the Indo-Pacific Economic Framework negotiations. However, the biggest market potential is India and New Delhi refused to be a part of the trade pillar. On agriculture, the trade pillar says the parties will seek to “avoid” unjustified measures that restrict imports and exports. It also pledges risk-based SPS measures. However, the agreement will lack statutory backing from the Congress and will be self-enforcing and use incentive- based rules. This is likely as good as it gets but there have thus far been no U.S. agriculture sector coalition meetings in support of the initiative. Pesticides: Starting in 2023, Germany will ban the export of pesticides tha...
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.