TTIP Hype European proponents of the TransAtlantic Trade and Investment Partnership (TTIP) are sounding like salesmen with their hype that TTIP is the single most important trade negotiation that the EU has ever initiated and it will ensure continued western influence on the world. There is evidence that the congressional push for more effort on sanitary and phytosanitary measures (SPS) as part of the TTIP and TransPacific Partnership negotiations has pushed the U.S. Food & Drug Administration into more action. However, no one believes either agreement will stop countries from using rules that are stricter than international standards, while concurrently understanding that the prospective financial gains specifically arise from reg...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.