President Obama will get another chance at House passage of the Trade Adjustment Assistance (TAA) bill, but it will require successful maneuvering of legislative language to placate some Democrats and rhetorical language to persuade some Republicans. TPA Delayed or Wrecked? It was a stinging blow to President Obama because he made a rare personal visit and plea before the vote asking his fellow Democrats to support him. Trade Promotion Authority (TPA) passed in the House, barely with a vote of 219-211, but the Trade Adjustment Assistance (TAA) bill that is an integral part of successful enactment failed miserably (126-302) as anti-Obama Republicans joined with House Democrats who are regressive rather than progressive when it comes...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Key Takeaways: Dry bulk freight markets are higher this week as activity in Asia and off the ECSA picks up. President Trump extended the Jones Act waiver for another 90 days this week, allowing foreign-flagged vessels to transport oil and other goods between U.S. ports. A container...
From WPI Consulting
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.