Canada does not want to give up its supply management programs for dairy and poultry in the NAFTA 2.0 negotiations, and now it reportedly also wants to maintain the carve-out protecting another sector.Following are a few short, cynical takes on trade policy developments.Better Trade Deal: Last year Donald Trump ran to the left of Democrats on the subject of trade, and now U.S. trading partners looking for more reasonable leadership in Washington confront Senate Democrats trying to recapture their protectionist mojo. They’ve released their “Better Deal on Trade and Jobs,” which means complaining that Trump doesn’t go far enough in blocking out unfair foreign competition. Democratic leaders would add more aggressive trade enforcement action,...
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.
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...