World Perspectives

Clobbering Europe; Technology Downfall

Clobbering Europe EU Trade Minister Cecilia Malmström correctly expressed doubts that the latest offer to the Trump administration for avoiding its steel and aluminum tariffs would be acceptable. It is notable that Europe’s offer for better balancing transatlantic relations involved natural gas, industrial products and WTO rules but excluded agriculture. Former Obama trade official Darci Vetter said this week that the Transatlantic Trade and Investment Partnership (TTIP) failed because of a lack of trust on both sides of the pond as each side stood hard and fast with their respective preconditions. If there was a lack of trust between Brussels and the Obama administration, European leaders have outright, open enmity toward the T...

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feed-grains soy-oilseeds wheat

Market Commentary: Risk is Priced In — But Not Yet Believed

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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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