Wide Divide Ahead of MC 13 All sides remain far apart at a WTO senior officials meeting looking for deliverables at the coming MC12 meeting in Abu Dhabi in February. The Biden Administration is mimicking Trump policies that ignore the majority developing countries’ demands. The 90-plus developing countries want policy space for food security purposes, the permanent ability to stockpile food, and more special and differential policy exceptions. They also want disciplines on domestic subsidies used by rich countries. All these policies are deemed by Washington to be policy-distorting, deviations from free trade principles, or un-reciprocated policy concessions. The divide is so large that the EU says it supports public stock hol...
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
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.