World Perspectives

Friend-shoring Agriculture; Import Sensitivity

Friend-shoring Agriculture When the EU-U.S. Trade and Technology Council (TTC) platform was launched last fall, there was no war in Ukraine, and there was no mention of food. The second TTC meeting concluded today focused heavily on Russia and includes a new dialogue on changing the current food system. Not only did Russia disrupt agricultural trade with its war on Ukraine and the blockade of its ports, but its disinformation campaign has placed blame for global food insecurity on western sanctions related to the war. This angle has even been echoed by the Chinese national running the UN’s Food and Agriculture Organization, Qu Dongyu.  By weaponizing food, Russia has forced its inclusion in the transatlantic policy agenda, thou...

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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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