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Rethinking AGOA Reauthorization of the African Growth and Opportunity Act (AGOA) needs to take into account the improved economic condition of some countries and provide a process for transitioning to a reciprocal trade agreement. United States of Africa Policy guidance to the African Union as it attempts to form a common cross-continent economic and political structure. The Potential of a Well-Fed Africa Projected population and economic growth in Africa show the continent's potential to be the next major destination for agricultural exports. However, if certain development and improvements are not made, potential is all that Africa may hold. African Oilseed Production and the Continent's Needs Although Africa has a population of 1...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.