TPA Needed The Biden Administration initially placed U.S. trade policy initiatives on ice pending what it described as building back better U.S. economic competitiveness. That ice is now melting. The White House previously claimed that the Ind-Pacific Economic Framework it is pursuing is so lame it does not require Congressional approval, though there are members in the legislative branch that disagree with this position. Now this week it says it wants to update FTA’s in the Western Hemisphere to cover new issues such as digital trade, STE’s, plus labor and environmental standards. Meanwhile, African leaders this week suggested that AGOA needs to be updated. Treasury Secretary Janet Yellen tries to word garble around all...
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.