World Perspectives

Missing Trade Policy Component; U.S.–Japan FTA; Trade Goal and Ag Sector Health

Missing Trade Policy Component WTO Director General Roberto Azevēdo is suggesting a plurilateral approach for at least some of the issues failing to reach consensus ahead of the ministerial meeting less than two months away. A plurilateral involves agreement by a subset of the full WTO membership. Meanwhile, the EU and U.S. may consider sectoral agreements given the uncertainty of accomplishing a comprehensive Transatlantic Trade and Investment Partnership (TTIP) agreement. Sectorals focus on single areas of trade such as regulatory harmonization. However, a missing component in the WTO is an offensive call for improved market access, which would obviate demands for food security stockpiling since imports would be more readily available. I...

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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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