CBDR-RC = New S&DT Developing country members of the WTO benefit from Special and Differential Treatment (S&DT), meaning they have far fewer obligations for freer trade than developed countries. Now they want the same principle applied to environment protection practices. China has proposed that the TO environment committee weigh in on environmental protection practices, the target being nontariff barriers like the EU’s carbon border adjustment mechanism. India and other developing countries have the grand idea that developed countries should be forced to transfer their environment protection technologies to the majority WTO member countries designated as developing. The Biden Administration, having been ripped on Capitol Hil...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.