World Perspectives

More Europe First; Taxing Ideas; Poor FTA Choice; “Unknown” and “May”

More Europe First The European Parliament will vote on a report from its agriculture committee that proposes subsidizing protein crops. Emphasized in the rationale is the transparent protectionist motive of import substitution. However, many of the other discussion points are also confounding. For example, its authors criticize soybean supplies from Brazil because of their environmental damage, but they propose allowing Europe’s subsidized protein crops to be grown in the ecological focus areas. The report also wants producers to use local, regional and on-farm crops, and it suggests more animals grazing on grass rather than eating soymeal. This prompted the European compound feed industry (FEFAC) to urge consideration of the nutriti...

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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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