The WTO just completed its trade policy review of India and it affirmed what is already known by that nation’s trading partners…India continues to rely on tariffs, minimum import prices, import restrictions, and licensing… with frequent changes that create uncertainties for traders. India is also the WTO’s most active user of antidumping measures. The government is expected to announce this week additional tariff increases with the goal of promoting self-sufficiency. Even when India “cuts” tariffs it creates other import prohibitive policies. New Delhi announced that the duty on crude palm oil imports would be cut by 12.5 percent to 15 percent, and the duty on soyoil and sunoil imports would be d...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.