Indian Market Should Open to U.S. Imports The U.S. Commerce Dept. and U.S. Trade Representative first raised market access issues with India at the 26 October 2017 Trade Policy Forum (TPF) held in Washington, DC, and pressure has continued to build on the nation to open its doors to U.S. products. A 42-member team, consisting of U.S. companies and various government as well as non-government agencies, is in India to discuss trade with its counterparts and how to enhance it. There is also an effort to work with those like-minded to find ways to increase the ease of doing business. India has actually moved up 30 paces in that category, according to World Bank rankings. However, a more open approach may exist in some sectors, but that definit...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.