Washington made a famous “pivot to Asia” in 2012 under the Obama Administration. The rise of China and a realization that 60 percent of the world’s population was not in the Europe/Middle East but in Asia. Vladimir Putin has reminded the U.S. capital that Europe remains at risk. Meanwhile, China has been courting Latin American countries, hoping to counter the footholds the U.S. has in Asia. It has also stepped up investing in Mexico (+76 percent) where it hopes to own the factories selling goods to Americans. Now German political leader Martin Scholz is noting the importance of Latin America. Notably calling the region the closest to having European values, though that is hard to understand beyond the fact they spe...
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.
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...