World Perspectives

Empty Wheat Deal; When Less is More; Pragmatic Swiss

Empty Wheat Deal The new USMCA requires that both Canada and the U.S. give imported wheat no less favorable treatment than is accorded domestic production. Currently, Canada denies wheat from the U.S. any grading level, which forces it to be sold at no better than feed grain value. Meanwhile, Canada ships 125-150 million bushels of spring wheat and durum to the U.S. unimpeded by any similar market restriction. But the U.S. doesn’t produce the same varieties as Canada, and that country’s wheat growers are saying it is unclear that the grain varieties registered for grading by Ottawa will be expanded to include American-style wheat.   When Less is More The U.S. poultry industry is mostly pleased with the outcome of the ne...

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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.

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