A major power conceding in a war usually takes many years and horrific losses. The undeclared war by the U.S. against North Vietnam lasted 20 years and took the lives of over 58,000 Americans as well as more than a million Southeast Asians. The Cold War lasted more than four decades and only ended due to the economic implosion of the Soviet Union. Trump’s trade war with China will similarly not end soon. This is in part practical since retreat means no change in China’s state-run mercantilist behaviors. Thus, the only real question is how to best mitigate the war’s cost. The Trump administration will reportedly write another check to agricultural producers, reportedly up to $20 billion, which is in addition to the $12 bil...
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.