World Perspectives

U.S. – China Tea Leaves; Underestimating Cattle Traders; Underestimating Europe’s Trade Policy

U.S. – China Tea Leaves Under the Phase One agreement, U.S. exports of goods to China this year were supposed to increase by 36.6 percent over the base year of 2017. Instead, they are down nearly 6 percent in the first four months of this year compared to 2019. U.S. agricultural exports to China were down 45 percent in the first quarter of this year compared with the first quarter of 2017. Notably, sales to China of U.S. manufactured goods like vehicles are even further behind. Interpreting the meaning of the two sides’ statements below following yesterday’s phone call does not sound encouraging. Chinese Vice Premier Liu He: The two sides agreed to: "create a favorable atmosphere and conditions" for the Phase One deal "...

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livestock

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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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