Wishful Thinking on China Retaliation The U.S. House Select Committee on the Strategic Competition Between the United States and the Chinese Communist has recommended tariffs to equilibrate the trading terms between the two countries. The Panel recognizes that China is likely to retaliate, and that it is specifically likely to target that retribution against U.S. agriculture. They also suggest a possible new round of trade war assistance to U.S. farmers, and an effort to help them diversify their markets. Some in U.S. agriculture suggest that actions against China be structured so as not to result in retaliation against America’s farmers. However, any action against China will be met with action first and foremost against U.S. agricu...
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...