Dirty Deal During the early days of negotiating the Uruguay Round, industry leaders fretted that trade liberalization aspirations would be thwarted by protections sought by agriculture. Spin forward nearly four decades and the reverse concern is at hand – sacrificing U.S. corn exports to Mexico in order to protect the Biden Administration’s goal of domestic content requirements for automobiles. At least one trade observer notes that the USMCA is USTR Katherine Tai’s “baby” and there are currently several major disputes to be reconciled. Mexico wants to stop corn imports from the U.S., Canada wants to stop dairy imports from the U.S., and the Biden Administration wants to help union workers building cars and li...
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.