World Perspectives

Trade War Impacts

WTO members are asking the U.S. to formally notify the organization of its $12 billion trade aid program to agriculture and explain its details. This is a reasonable request, especially since Washington has made an issue of the failure of other countries to notify. Only one of the three programs announced by USDA would fall under Uruguay Round disciplines, and the amounts were specifically calculated to not exceed WTO obligations. While U.S. agriculture may have incurred $12 billion in damage since the trade war began, Wall Street has surged in value by $768 billion. By contrast, China’s economy, stock market and currency have all been under pressure from the trade war. George Magnus at Oxford University says the trade war has cost C...

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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.

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