World Perspectives

Anti-Competition; Wrong Places; Tariff Impacts Quantified

Anti-Competition The U.S. dairy industry complains that the EU’s effort to codify geographic indicator (GI) protection for its various cheese products is an effort to dismantle competition and erect barriers to trade. In many respects, the merger of food and technology provides a similar benefit to producers. By using biotechnology, material science and other approaches, the food industry creates products that are more impervious to competition due to their high cost of entry and reduced comparative products. Thus, Brussels tries to keep out new technology products by arguing they are unsafe, while Washington promotes technology and tries to defeat GIs.   Wrong Places Country music performer Johnny Lee sang about looking for...

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FOB Prices and Freight Rates App (Updated 12 November)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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.

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