World Perspectives

Trade Compensation Legs; WTO Developments; Bad but Getting Better

Trade Compensation Legs The Trump administration has approved a second tranche of trade mitigation payments to U.S. farmers and asserts that it is the final one. The Office of Management and Budget was reluctant to grant the payments in the first place, and its new director, Russell Vought, will be even harder to persuade on any future needs. But if the trade war continues to go poorly and the 2020 presidential election campaign begins to heat up, it is difficult to see how they can end. Farmers say they’d rather have trade than handouts, but Mr. Trump will pay a high political price if there is neither.   WTO Developments The U.S. filed a WTO dispute settlement case two years ago charging China with exceeding its obligated l...

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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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