World Perspectives

China Developments; Canned or Uncanned

China Developments For a second day in a row, China bought U.S. soybeans now totaling nearly a half million tons early this week, not counting sales to unknown destinations. These sales come despite a U.S. industry concern that Beijing would ignore the economics favoring U.S. soybeans and purchase from South America out of spite for Washington’s antagonistic trade policy. After all, it responded to the Trump trade war in 2019 by favoring soybeans from South America.   Meanwhile, the EU is only slightly lowering its punitive tariffs on imports of Chinese built EV’s. The duties were based on the calculated level of subsidies each manufacturer received from the government. As one analyst noted, Beijing cannot mimic Japa...

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WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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