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softs

Policy Roundup

Japan and TPP U.S. and Japanese officials meet tomorrow to discuss Tokyo's desire to join the TPP negotiations. Washington fully capitulated on the use of zeroing in safeguard cases to set the tone. The U.S. has more offensive issues, but there is room for compromise in the horse-trading. Tokyo wanting exemption from liberalization for its rice is understandable; however, Japanese ownership of a dominating industry like autos means it needs to let go on this sector. The fact that the U.S. reportedly seeks an import target indicates doubt that American cars can compete even if all the technical barriers come down.The precedent for agricultural exemptions includes rice in the Korea FTA and sugar in the Australia FTA. The core objective of...

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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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