The EU has issued new regulatory restrictions mostly impacting American companies that could pose challenges for President-Elect Joe Biden. EU Competition Commissioner compares the proposals to the “first-ever traffic light that brought order in the streets,” but a Biden advisor says the taxation and the data privacy rules have the potential to be a “grenade.” The proposal out of Brussels is a triple whammy for U.S. tech companies: they will take legal responsibility for content, they must allow equal access to their platforms even by competitors, and they must make transparent their secret sauce, the proprietary algorithms that are the backroom of their businesses. And they will incur heavier taxes. Europe is ratio...
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
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.