World Perspectives

The Trade Pact Formerly Known as NAFTA

Like many things with Trump’s trade negotiating process, there are perhaps more questions than answers about the newly announced U.S.-Mexico trade accord. It appears that tariffs have been removed on ag products as general treatment, however, the Section 232 sanctions on Mexican steel and aluminum are still in place, and thus are retaliatory tariffs on U.S. pork and other products. Details are emerging, and it is quite possible that some are still being finalized.   After all this time at the negotiating table, and with market ups and downs having been survived, the logical question is, “what’s next?” Below is a look at the statutory and regulatory gauntlet (on the U.S. side) through which the agreement mu...

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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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