IPEF Blah, TTC Heat USTR Katherine Tai achieved agreement over the weekend on language focused on supply chains in the Indo-Pacific Economic Framework for Prosperity. However, it is all a bit boring. Basically, countries agreed to a process to talk and “work together” on issues. Meanwhile, the transatlantic Trade and Technology Council meets again starting tomorrow in Sweden. Some are pushing for language addressing forced labor, which is low-hanging fruit, but the hot underlying issue is how to converge transatlantic positions on addressing China? African Woes Kenya’s Court of Appeals continues to block the government’s proposal to liberalize imports of GMO foods. The technical acceptance of GMO’s is...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.