As the border carbon tax idea picks up steam it leads to all kinds of possibilities for expanding use of border measures to extract policy changes. One target being discussed is the treatment of women, but they could be expanded to policy measures that distort trade, such as labor laws, tax policies, government subsidies, and exchange rate policies. After all, these distort the terms of trade such as productivity, trade costs, and supply. Why should using the lever of trade be limited to just climate change? Much as it becomes apparent in climate change policy, distorted use of the underlying data can create arbitrary outcomes. Brazil is criticized for loss of rainforests. Brazil is 62 percent forested, one of the highest in the worl...
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...
The CBOT/CME markets and our offices will be closed tomorrow, Friday, 19 June in observance of the U.S. Juneteenth holiday. Please note that the next Ag Perspectives will be published on Monday, 22 June. ...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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 “...
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.