Trade Agreements Challenged The 9 July deadline for countries to reach individual trade agreements with the U.S. is fast approaching and while the Trump Administration says negotiations are progressing, there are some high hurdles. Protectionists from India to Europe are pressuring their policymakers to not cave to the United States. Special interest groups from the areas that currently cause an imbalance in the terms of trade including agriculture, technology, intellectual property rights and regulatory standards are demanding that there be no sacrifices. They contend that reducing barriers is not fair and balanced. Japanese Prime Minister Shigeru Ishiba is signaling he is not in a rush to concede to the Americans ahead of Upper Hous...
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.
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...