News and Issues
Renegotiating the North American Free Trade Agreement (NAFTA). Canada and Mexico account for almost one third of U.S. agricultural exports. Both countries have negotiated numerous other trade agreements since NAFTA took effect in 1994. Mexico and Canada both have new free trade pacts with the European Union (EU) and are part of TPP-11, from which the U.S. has withdrawn. A fresh look at NAFTA is overdue. At the same time, how best to protect and expand benefits to agriculture, while seeking benefits for manufacturers? What risks if the U.S. withdraws from the agreement? Market Solutions has long helped food, agriculture, beverage, fiber and textile clients and others understand opportunities and challenges in all three NAFTA markets, and develop strategies for success.
Supporting New Technologies: Understanding and Addressing Productivity and Regulatory Promises and Challenges. Market Solutions LLC has worked with clients to understand and respond to Customer Priorities for Enhanced Crop and Livestock Traits; Collect and analyze stakeholder feedback to guide short, medium and long term planning; and explore other new technologies such as drones, robotics and artificial intelligence. ... read more »
What opportunities/challenges/strategies for a world with a Trans Pacific Partnership (TPP-11) without the U.S. as China pursues its own regional trade pact (RCEP) and leadership in the Asia-Pacific Region, while the U.S. introduces new steel and aluminum tariffs? Market Solutions LLC has helped clients understand potential opportunities and challenges from numerous trade agreements and barriers. The original TPP promised improved access for U.S. food and agricultural exports to Japan, Vietnam and 9 other countries with 495 people. It also introduced potential for new competition. ... read more »
Consumer demand for Local, Organic and "Clean" and other Specialty Foods and husbandry practices continues to grow, requiring producers and their customers to look for better ways to connect supply and demand. More farmers and end users are trying other marketing options including Farmers Markets, Food Hubs, Community Supported Agriculture (CSAs) and working with wholesalers, distributors and direct with retailers, restaurants and institutions and processors. Market Solutions LLC has worked with clients to understand marketing options to preserve and strengthen local crop and livestock industries. We have also assisted clients including retailers and major food companies, and producer and government groups assess and develop supply chain options for products with a variety of desired attributes and traits, including local and organic. ... read more »
Global Economic Growth is projected at 3.9% for 2018 and 2019, according to IMF April 2018 forecasts. India’s growth, at 7.4%, is projected to surpass China’s, at 6.6% for the first time in 2018. India’s expansion is expected to continue, with growth at 7.8% in 2019. Increased 2019 growth is also projected for Southeast Asia (ASEAN)(5.4%), Sub-Saharan Africa (3.7%), the Middle East and North Africa(3.6%), and Latin America and the Caribbean(2.8%). Growth rates are projected to start to decline in China (6.4%), the U.S. (2.7%), the Europe Union(2.1%) and Japan (0.9%). Market Solutions LLC has extensive experience in India, China and worldwide providing research based strategy support to help clients take advantage of full advantage of market growth and prepare for challenges and competition where growth slows. ... read more »
Turkey, long a candidate for European Union (EU) membership, presents numerous opportunities for trade and investment as well as important challenges. With 76.7 million people, half under age 30, Turkey hosts 32 million tourists annually and is a potential gateway to 1.5 billion consumers in Europe, Eurasia, the Middle East and North Africa. OECD previously forecast that Turkey would become the world’s third fastest growing economy after China and India. Turkish growth actually exceeded the IMF forecast, recovering from 3.2% in 2016 to 7% in 2017. While the IMF projects weaker growth going forward, it recently raised its targets to 4.4% in 2018 and 4.0% in 2019. Market Solutions LLC has long experience working in Turkey, providing research-based support for trade and investment. Among Turkey's goals are to become a top five world agricultural economy and a top ten economy overall. It also seeks to double dairy and meat production by 2023. ... read more »