World Perspectives

Aggies See China Pain; SUR Revival; Meat and Oil

Aggies See China Pain China has been the top market for U.S. agriculture since 2020 and its share in some products is overwhelming. For this reason, a coalition of agriculture groups wrote to the Congress’ U.S. Select Committee on the Chinese Communist Party asking that the Middle Kingdom not be denied Permanent Normal Trade Relations (PNTR). The Select Committee is looking at the entire trading relationship, including the de minimis threshold. Former President Donald Trump led the attack on China’s skewed trading policies and now his successor, President Biden, and most of the Congress are focused on the damage it imposes on American industries. They are not much focused on the benefits of the relationship because it lacks a b...

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From WPI Consulting

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.

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