CPTPP Rationale Rises U.S. House Republicans issued a list of 83 actions that should be taken to strengthen the nation’s countermeasures to China. Among the ideas is strengthen trade ties with other countries in Asia. One proposal is highly controversial – signing a free trade agreement with Taiwan. However, a better approach for fulfilling this tactic would be for the U.S. to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership nèe TPP). This is more likely an outcome if former Vice President Joe Biden wins election in November than if Mr. Trump retains the presidency. Mr. Biden backed TPP and has called for closer efforts with allies in countering China. The only problem is that he would...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
From WPI Consulting
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.