Bilateral Postponement The upcoming meeting between President Trump and Chinese leader Xi Jinping is being delayed about “a month or so” at the request of Trump. He says he needs the time to focus on the war in Iran. Chinese leaders may also benefit from the extra time to assess the Middle East situation. Chinese Foreign Minister Wang Yi laid out five fundamental principles on the conflict, including respect for national sovereignty, the pursuit of political solutions, and constructive actions by major powers. In truth, the Middle East distraction helps Beijing. It will find and buy oil at the same time that its competitor, the United States, gets bogged down in a very complicated military struggle. U.S. – China Boar...
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.