Tariff War Patience The latest Purdue University-CME Group Ag Economy Barometer survey of farmers fell 12 points or nearly 8 percent on concerns about the trade war’s impact on export markets. Surveys indicate that the American public expects tariffs to raise their cost of living. They also show that at least a portion of the public is willing to give President Trump some time (undefined) to see if his trade policy brings to fruition the benefits he has promised. Still, the public can be finicky. Perseverance in the trade war will be easier for China, where the government controls the information flow and the pubic is steeped in the history of oppression by the West, from the Opium Wars of the 19th century to America&rsquo...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
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.