World Perspectives

TPA’s Chance; Regressive West; Private Standards

President Obama  will get another chance at House passage of the Trade Adjustment Assistance (TAA) bill, but it will require successful maneuvering of legislative language to placate some Democrats and rhetorical language to persuade some Republicans. TPA Delayed or Wrecked? It was a stinging blow to President Obama because he made a rare personal visit and plea before the vote asking his fellow Democrats to support him. Trade Promotion Authority (TPA) passed in the House, barely with a vote of 219-211, but the Trade Adjustment Assistance (TAA) bill that is an integral part of successful enactment failed miserably (126-302) as anti-Obama Republicans joined with House Democrats who are regressive rather than progressive when it comes...

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feed-grains soy-oilseeds wheat

China Market Analysis

Economy China’s official data and its rhetoric do not always align and while its exports have remained robust, it has not prevented a slump in manufacturing output. Its purchasing managers index (PMI) was below 50 (contraction territory) in November, the eighth straight monthly decline. W...

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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.

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