World Perspectives

More Tariff Threats but Progress; Subsidizing Fake News; Ethanol Supply Destruction

More Tariff Threats but Progress Fresh off his claim of successfully coercing Mexico via tariff threats into greater responsibility for the immigration mess, President Trump returned his focus today to China. Likely discouraged by skepticism expressed by Treasury Secretary Steven Mnuchin that China is going to make any progress on U.S. demands before the G20 summit late this month, Mr. Trump made a new tariff threat today. He said he would apply 25 percent tariffs on another $300 billion worth of imports from China. However, it was a light threat since they would only be imposed if Chinese President Xi Jinping refuses to meet with him at the G20 meeting, a rather low bar. Meanwhile, G20 trade officials reached agreement on a statement reg...

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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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