Complex Transatlantic Balance European leaders are warning that Washington doesn’t seem to understand the seriousness of their complaint against the IRA’s EV subsidies. This successfully prompted WTO Director General Okonjo-Iweala to warn against subsidy wars in the fight against climate change. The Biden Administration might retort that Brussels doesn’t understand its commitment to rebuilding the American industrial base. While the focus is on China, Europe has had its own advantages including imposing four times higher tariffs on U.S.-made vehicles. Even before Trump, Washington policymakers have complained about Europe’s own localization measures, VAT rebates, sweetheart tax deals for manufacturers like Fi...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...