World Perspectives

Global Politics Weighs on Trade

Pundits are debating the impacts of Indian Prime Minister Narendra Modi’s impressive reelection as well as the mood of his Bharatiya Janata Party. The question is whether the pre-election refusal to engage with the U.S. on stronger trade relations becomes a more permanent fixture. Even more uncertain is the policy implications following last week’s election of a new European Parliament. The traditional center alliance in the European People’s Party (EPP) is around 12 percent short of the votes needed for a governing majority. As in the U.S., voters are dissatisfied with the middle and electing more on the extreme left and right. Building a new coalition will require horse trading and probably impact the composition of the...

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Dec 25 Corn closed at $4.1975/bushel, down $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.2025/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.3125/bushel, down $0.025 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $3.4 f...

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Last Friday China announced it would impose temporary anti-dumping duties on  pork imports from the EU.  China's commerce ministry said that the investigation has "preliminarily determined that imports of relevant pork and pig by-products originating in the European Union&nb...

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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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