World Perspectives

Spinning Trade Mitigation Funds; Trade War Angles; Sorghum Help

Spinning Trade Mitigation Funds USDA Secretary Sonny Perdue originally said he would decide on a trade war bailout package around Labor Day (3 September), but it was announced today (see Trade Mitigation Funds). The announcement was likely moved up due to rising political opposition to the war and to smooth a planned visit by President Trump to Iowa this Thursday. The fact that agriculture is singled out for compensation and not other industries reflects in part both the targeting of the sector for retaliation by trading partners and the political significance of rural America to this president. The additional spending is not expected to breach U.S. subsidy limits under the WTO, although such a challenge would add to the rhetorical arsenal...

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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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