World Perspectives

Energy Exports Overview

Not frequently discussed in the turmoil about trade sanctions is the energy sector. The three countries with which the U.S. is currently engaged in trade disputes, China, Canada and Mexico, are major markets for energy exports. Ethanol has of course become reliant on exports over the past few years. Nearly 1.4 billion gallons were exported last year or about 10 percent of that used for total domestic use. Approximately 1.8 percent went to China, although that was after it imposed tariffs on imports in late 2016 (unrelated to the current trade disputes). China was a major market for U.S. ethanol in 2015, accounting for nearly 24 percent of all exports before dropping off to 6 percent in 2016. Through the first four months of this year, it w...

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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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