White House press secretary Karoline Leavitt says that the Administration is still on track to impose a 25 percent tariff on Canada and Mexico this Saturday, unless they take undefined steps on immigration and drugs, and the President is still thinking about imposing a 10 percent tariff on China, and maybe an overall 2.5 percent tariff. Retaliation from trading partners is likely to be immediate, and to be directed against U.S. agricultural exporters. Then again, everything has a caveat, and as in the case of this past weekend’s diplomatic spat with Colombia, threats tied to specific performance criteria are more efficacious. Europe has its own uncertainties. U.S. Secretary of State Marco Rubio skipped a video meeting with EU fo...
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.
Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures index — the Fed’s preferred measure of inflation) rose 0.7 percent month-over-month, pushing the annual rate to 3.5 percent, the h...
An amendment to the U.S. House farm bill, aiming to remove the Save Our Bacon Act language in Section 12006 that would have stripped language to prohibit California’s Proposition 12, Massachusetts’ Question 3, and up to 500 state agricultural laws across the country, was blocked by...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscr...