World Perspectives

Agriculture’s Unique Pedestal; Globalization’s Future

Agriculture’s Unique Pedestal It comes with downsides, but U.S. agriculture continues to be highlighted in a manner that would have been unheard of a few years ago. Analysts would listen keenly for the rare times when a president would make a mere mention of farmers in the annual State of the Union speech. Now the sector is front and center in U.S. trade policy, albeit in an often-uncomfortable way. USTR is likely to notify the U.S. Congress of its intent to negotiate a bilateral trade agreement with the EU that includes agriculture, even as the EU Commission will request a mandate from its member states to solely negotiate industrial products with Washington. Those holding the office of top diplomat for the U.S., secretary of state...

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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.

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