Predictable Trade War After the Shanghai Composite Index plunged in value, the headlines say that the Chinese were “caught off guard” by President Trump’s announcement of counter-retaliatory tariffs on $200 billion of Chinese exports. Wall Street was also supposedly surprised by the move. There are smart people in the Chinese government, on Wall Street and in Shanghai. Donald Trump’s trade war strategy has been clear as day from the beginning. Perhaps it is just the reporters in the media who don’t get what is going on. China will then respond in kind and on and on – that is the way the tit for tat of a trade war proceeds until there is a peace agreement. Some speculate that China will turn its consumer...
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
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.