The impact of the United States-Korea Free Trade Agreement means that TTIP and TPP will have to result in impressive trade policy improvements for the U.S. or else passage in Congress will be more difficult, if not impossible. TTIP, TPP Block TPA There is no reason for Congress to rush into the political pitfalls of passing Trade Promotion Authority (TPA) as there is little chance that the large Transatlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TPP) agreements will be completed anytime soon. This is evidenced by the current dynamics of the two trade negotiations. Meetings this week in Brussels have reportedly featured the Americans demanding regulatory reform in Europe, setting unfettered access for U.S...
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.
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...