World Perspectives

India’s Opportunity; Mexico’s Loss; Meat of the Issue

India’s Opportunity Sometime next year India will promulgate its next five-year Foreign Trade Policy (FTP). Based on the past five years, India has been operating an anti-trade policy. Average tariffs on industrial goods have risen from an average 13.3 percent to 17.6 percent, and in agriculture the rise has been from 36.3 percent to 43.02 percent. Worse for India’s trading partners has been the uncertainty caused by constant changes in applied tariffs with a high bound tariff ceiling. Then there has been the addition of the GST, the IGST levy, the “additional duties” and the “special duties.”  Around 70 percent of imports are impacted, all in the goal of self-sufficiency. Meanwhile, its public sto...

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Export Sale

Export Sales and Shipments for May 23-29, 2025  Wheat: Net sales reductions of 49,100 metric tons (MT) for 2024/2025. Export shipments of 540,100 MT were up 8 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Indonesia (81,100 M...

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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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