World Perspectives

Bargain; No Cigar

Grand Bargain Senate Majority Leader Harry Reid (D-Nevada) gave the first public signal of where the current crisis in Washington is headed – toward the grand bargain. As with trade negotiations or business transactions, deals are more easily done when it is a single undertaking with a myriad of complex and important details. Funding the government and avoiding default are unavoidable. Meanwhile, the President says the Trans-Pacific Partnership (TPP) negotiations will be completed by year's end, but in truth he needs trade promotion authority first. Everyone agrees there needs to be tax reform, and entitlement reform would give markets long-term comfort. Senator Reid hopes for more revenues for the government, which is anathema to the...

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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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