Based on Russia's actions in 2013, there is seemingly enough reason for the U.S. to impose dispute resolution processes with that country in the WTO.The current situation in Ukraine with Russia's intervention in Crimea has led to questions about the EU and U.S. response. To date, both have imposed so-called smart sanctions on a number of government and military leaders that include personal asset freezes and travel bans. In response so far, Russian President Putin has effectively thumbed his nose at the sanctions by signing a declaration that recognizes Crimea as an independent nation. There is little doubt that this will escalate as a foreign policy and sanctions issue, which brings into play the U.S. Trade Representative's (USTR's) Decemb...
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.