World Perspectives

Middle Kingdom Approach; Friday Snippets

Middle Kingdom Approach U.S. Secretary of State Antony Blinken articulated the Biden Administration’s policy toward China in a highly nuanced fashion. The key point is that the U.S. does not envision a new Cold War, but rather welcomes competition and wants to mold China into following the post-WWII rules for it. If true, then former Malaysian Prime Minister Mahatir Mohamad has a message for Washington – invite China into the Indo-Pacific Economic Framework. The IPEF is about formalizing Western-style rules into the Pacific region. If China agrees, then it has done what Blinken articulated. Additional good advice comes from New Zealand Prime Minister Jacinda Ardem, who advised the U.S. to rejoin the CPTPP if it believes its own...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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