World Perspectives

How Not to Resuscitate; Micromanagement

How Not to Resuscitate The European Parliament rejected the Commission’s proposal to allow tolerance levels for pesticide residues on some imported foods. Allowing a rat pack of politicians to directly decide scientific issues only contributes to domestic decline. Pesticides can be product and environment specific, and their approval regardless of geographic use can follow the exact same risk standards. Perhaps the EU’s trading partners should reject importing food from Europe where pesticides like mancozeb and triazoles, or biopesticides have been approved.  In his report on the future of European competitiveness, Mario Draghi said the Continent faces an existential threat. Among the problems he cited were over-regulatio...

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FOB Prices and Freight Rates App (Updated 17 September)

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WTO and Trump; Analytically Correct, Predictably Wrong

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Outlook for the Fed Meeting This Week

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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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