From TPP to CPTPP What started under the Obama administration as the Trans-Pacific Partnership (TPP), comprised of the U.S. and 11 other countries, will end as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on 8 March. This is when the pact will be signed in Chile by trade ministers for those countries with the exception of the U.S., which is no longer a party to the agreement. Six of those nations will also have to ratify the trade deal for its provisions to go into effect. The CPTPP could expand as Thailand, Indonesia, the Philippines and Taiwan have all indicated interest in joining, and there are other future potential members, including the UK, South Korea and even Uruguay. This new trade pact could...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.