Wishful Thinking on China Retaliation The U.S. House Select Committee on the Strategic Competition Between the United States and the Chinese Communist has recommended tariffs to equilibrate the trading terms between the two countries. The Panel recognizes that China is likely to retaliate, and that it is specifically likely to target that retribution against U.S. agriculture. They also suggest a possible new round of trade war assistance to U.S. farmers, and an effort to help them diversify their markets. Some in U.S. agriculture suggest that actions against China be structured so as not to result in retaliation against America’s farmers. However, any action against China will be met with action first and foremost against U.S. agricu...
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.