Transatlantic Reconciliation The U.S. – EU consultations this week surrounding the China-focused G-7 meeting likely has the politicians ahead of some of their constituents. The two sides will fix some of the trade problems that arose during the Trump years and jointly commit to solve other problems, but a recent Politico report noted that the European public believes China is ascendant and wants to remain neutral on the matter. They do not believe that the U.S. shares European interests and values. While most Americans have a better view of Europeans than vice versa, the U.S. agriculture community remains angry to the core with what they perceive as Europe’s multi-decade long effort to block imports of their products. From an e...
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.