brochure - Agra CEAS Consulting
brochure - Agra CEAS Consulting
brochure - Agra CEAS Consulting
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A Global Trade Game Changer<br />
Opportunities and Challenges of a US and EU Transatlantic<br />
Trade and Investment Partnership Agreement (TTIP)<br />
A Special Multi-Client Study<br />
With Implications for the Global Agriculture and Food Sectors<br />
May 2013<br />
Informa Economics, Inc. and <strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong> Ltd. are pleased to announce an<br />
important new multi-client study on the potential gains for the US and EU from a TTIP<br />
Agreement. The study will draw on our US and EU team of trade and commodity experts<br />
to examine the trade opportunities and challenges that would occur for the major<br />
agricultural and food sectors from tariffs being reduced to zero and<br />
sanitary/phytosanitary and other non-tariff barriers being either reduced or eliminated.<br />
Introduction<br />
The US and the EU account for nearly half of world GDP and 30 percent of world trade. Goods and<br />
services worth $2.7 billion/€2.0 billion are traded daily between the two countries, promoting<br />
economic growth and supporting millions of jobs in both economies. In addition, the US and the<br />
EU have directly invested more than $3.7 trillion/€2.8 trillion on both sides of the Atlantic.<br />
• Over the last twenty years, EU exports to the US have registered larger gains than US exports<br />
to the EU.<br />
o US agricultural product exports (including fish and forest products) to the EU increased<br />
from $9.7 billion in 1992 to $12.1 billion in 2012 while EU exports to the US expanded<br />
from $5.7 billion in 1992 to $17.8 billion in 2012.<br />
• Top US exports to the EU in 2012 included soybeans, almonds and wine.
US and EU Transatlantic Trade Multi-Client Study 2<br />
• EU exports to the US are mostly consumer oriented products with beverages and snacks<br />
accounting for about two-thirds of all exports.<br />
• While the US and EU are major agricultural trade partners, there is ample opportunity for both<br />
to increase their respective share of trade as illustrated below.<br />
The potential has not been realized in great part because trade has been significantly limited by<br />
tariffs and non-tariff barriers. Thus, this free trade agreement can be a “game changer” for global<br />
trade! Furthermore, the current slow economic growth in both the US and EU could be the driver<br />
for compromise.<br />
Some Facts Outlining the Opportunities and Challenges<br />
• Using WTO tariff profiles, the average final destination duty for agricultural products entering<br />
the US is 4.9 percent ad valorem and the EU average is 13.8 percent.<br />
• The US and EU each have relatively high tariffs for dairy products, sugars and confectionery,<br />
and beverages and tobacco. The EU also has relatively high applied tariffs for meat products<br />
and cereals.<br />
• Tariff rate quotas affect 4.5 percent of the US agricultural tariff lines and 2.9 percent have<br />
special safeguard measures in effect. In comparison, tariff rate quotas affect 11.3 percent of<br />
EU agricultural tariff lines and 23.9 percent have special safeguard measures in effect.<br />
• The EU imports $16.7 billion in grains and oilseeds, of which only 14.5 percent is from the US<br />
($2.4 billion).<br />
• Sanitary and phytosanitary (SPS) standards and non-tariff barriers are major concerns for trade<br />
and will be central to the negotiations, especially for the US Some of these include:<br />
EU has a trade restriction that prohibits the import of beef produced using hormone<br />
implants<br />
US restricts beef imports from the EU due to BSE concerns<br />
The EU biotech approval process is sluggish, in comparison to the US, which slows imports<br />
from the US
US and EU Transatlantic Trade Multi-Client Study 3<br />
EU restricts imports of US poultry processed with certain pathogen treatments or pork that<br />
is not ractopamine free<br />
The Renewable Energy Directive allows the EU’s sustainability objectives to serve as de<br />
facto trade barriers against US biofuels producers<br />
Difficulties created for EU cheese exports to the US (caused by the US Dairy Import<br />
Assessment and by the Grade A Pasteurized Milk Ordinance) limits trade<br />
The TTIP can have a tremendous impact across many sectors of the agriculture-food supply chain<br />
and will create winners and losers on both sides of the Atlantic. A critical success factor to<br />
become “a ‘winner” is to plan ahead and have the critical facts ready ahead of trade<br />
negotiations. Planning along with fact-based analytics allows industry groups/companies and<br />
other stakeholders to: (a) understand the specific issues; (b) quantify the relative impacts; (c)<br />
develop industry/company positions and action plans; (d) influence the outcome of negotiations;<br />
and (e) develop a plan for future opportunities or threats.<br />
Approach and Scope of Work<br />
The objective of this study is to assess the opportunities and threats for US and EU agriculture and<br />
food trade. The study will focus on evaluating two broad alternatives, including:<br />
• Reducing import tariffs to zero; and<br />
Includes establishing or increasing import quotas with zero tariffs<br />
• Easing or eliminating sanitary and phytosanitary and other non-tariff barriers.<br />
Input will be derived from Informa’s understanding of the agricultural and food sectors of<br />
both economies as well as from targeted industry interviews.<br />
Informa will use an analytical framework that includes delving deeply into specific sectors of<br />
interest and then applying quantitative analyses, market and business logic and industry insights<br />
to quantify impacts in each major sector and provide a realistic picture of future opportunities and<br />
threats. This process is described below:<br />
• Establish baseline trade pattern forecasts based on 2012 actual supply, domestic use and trade<br />
for the targeted agricultural sectors; and<br />
• Examine the US and EU trade matrixes for the targeted sectors to: (1) evaluate whether US<br />
and EU exports will become more competitive relative to other exporters and (2) estimate the<br />
incremental share (if any) the US or EU can gain through TTIP and the target sectors.<br />
These estimates will be based on:<br />
• Analyses of how US and EU import tariffs will change relative to other trade competitors<br />
• Reviews of existing non-tariff barriers that limit US/EU trade<br />
• Analyses of US and EU baseline supply, demand and trade to 2012 and outlook for 2020<br />
• Quantitative and qualitative analysis of the market dynamics of each targeted sector.<br />
Trade between countries is a function of factors including relative competitiveness, tariffs,<br />
logistics and other factors; these will be examined to estimate potential trade changes.
US and EU Transatlantic Trade Multi-Client Study 4<br />
The study will target the following agricultural sectors:<br />
• Oilseeds and Products (soybeans,<br />
• Milk and Dairy Products<br />
rapeseed, sunflower seed and<br />
• Biofuels (ethanol and biodiesel)<br />
respective oils and meals)<br />
• Sugar<br />
• Grains (wheat, corn, barley and rice)<br />
• Wine<br />
• Meats (beef, pork, poultry)<br />
Note this list of sectors ultimately will be tailored to the common interest of all subscribers; thus<br />
those who sign up before the Pre-Study Web-Based Seminar and Conference can influence the<br />
scope of the study. The overall scope will be limited to 5 to 6 sectors (e.g., grains) and 10 – 12<br />
specific commodities (e.g., beef or soybeans).<br />
I. Background<br />
Study Outline<br />
• Describe the historical trade patterns between the United States and the European Union in<br />
terms of exports and imports<br />
• Identify the overall approach and top priorities of the US and EU in the negotiations and the<br />
challenges that will be faced in completing an agreement<br />
• Explain the importance of the non-agricultural EU contingencies on issues such as animal<br />
welfare, sustainable development and biotechnology<br />
II. EU and US Agricultural Product Supply/Demand Baselines, Historical and<br />
Forecast to 2020<br />
This section will develop baseline supply/demand balances and projections through 2020 for the<br />
targeted sectors and commodities. The project team will leverage its ongoing supply/demand<br />
forecasting work to develop these baselines.<br />
• Develop EU and US baseline balance tables and trade matrices for the target<br />
sector/commodities<br />
When needed, export value (i.e., instead of volume) will be developed and will be forecast<br />
for sectors/commodities where volume is not a good indicator (e.g., wine)<br />
• Examine critical developments that will occur through 2020 and their implications for the<br />
baselines; this would include:<br />
EU CAP Reform<br />
EU Biofuel Mandates<br />
US Farm Bill and Biofuel Policies<br />
Population and Income Growth
US and EU Transatlantic Trade Multi-Client Study 5<br />
The above baselines will be used in Chapters III and IV to compare potential gains in exports to<br />
2020 by removing tariffs and eliminating non-tariff barriers to determine if these gains are realistic<br />
or restructuring of production may be needed to take advantage of increased market access.<br />
III. Impact of Zero Tariffs and Duty Free Quotas with Sizable Quantities<br />
The objective of Section III is to assess the impacts of market liberalization in terms of tariffs under<br />
TTIP on US and EU agricultural product exports indicating potential market opportunities and<br />
threats.<br />
• Describe current tariff/quote trade structure for the targeted sectors<br />
• Identify gains in relative export competitiveness if tariffs are reduced to zero. Current US and<br />
EU tariffs and import quotas for the targeted sectors will be identified, reviewed and<br />
compared to those of major export competitors<br />
• Overall export gains will be analyzed on the assumption that EU and US tariffs are reduced to<br />
zero and import quotas are duty free and set at levels resulting in meaningful gains in exports<br />
• The potential export gains forecast to 2020 from zero tariffs will then be compared to the<br />
baseline analyses in Part II to determine if these gains are viable<br />
• Provide comments/insights as to how tariffs may be reduced; that is, for certain commodities<br />
there may a structure to phased out tariffs over an extended period or a specific quota system<br />
for the US (e.g., beef) or the EU (e.g., sugar)<br />
IV. Impact of Relaxing or Eliminating Non-Tariff Barriers<br />
The objective is to evaluate and measure EU and US potential trade changes that result from<br />
changes to sanitary and phytosanitary and other non-tariff barriers which are particularly critical<br />
for food trade. Non-tariff barriers within food and agriculture are expected to be a very<br />
contentious part of the negotiation period and it is challenging to predict the ultimate outcome as<br />
non-economic factors including domestic farm politics or consumer perceptions will play a major<br />
role as, for example, these factors did during the NAFTA negotiations. Thus, the analytical<br />
framework will involve two approaches including a scenario/sensitivity analysis.<br />
First: Non-Tariff Barriers are Eliminated or Phased Out<br />
• Although it is very unlikely that this would happen for all targeted sectors, the results will give<br />
a perspective on how important these non-tariff barriers are in terms of the impact to the EU<br />
and US trade<br />
• In some instances the impacts of eliminating these barriers can be derived by analyst<br />
judgments looking at historical trends and how these trends may have changed when the nontariff<br />
barriers were instituted
US and EU Transatlantic Trade Multi-Client Study 6<br />
Second: Alternative Scenarios to Reflect Potential Outcomes for Each Sector/Commodity<br />
• For each relevant target sector or commodity, the project will develop a set of “likely or<br />
realistic” views regarding non-tariff barriers. The view will be derived from conversations with<br />
industry and/or those involved in trade negotiations and from Informa on-going analysis and<br />
knowledge about trade policies, a sector’s influence on domestic farm, approaches used by the<br />
EU and US in past trade negotiations, consumer perceptions and other factors that can shape<br />
the final outcome.<br />
• When relevant, the influence of non-agricultural interest groups promoting non-tariff barriers<br />
and potentially having a place to influence trade policy will be examined.<br />
This two-step approach would provide a fuller picture and help reflect and isolate the different<br />
dynamics that non-tariff barriers have on each individual sector or commodity.<br />
V. Key Findings and Strategic Considerations for Targeted Sectors/Commodities<br />
This section combines the results and findings from the tariffs and non-tariff barriers analyses<br />
(Parts III and IV) and develops a combined trade impact summary for each targeted<br />
sector/commodity that outlines issues including:<br />
• Potential trade volume/value changes; baseline estimate and alternative scenarios<br />
• Key issues that will influence trade negotiations<br />
• Major constraints that may limit elimination of tariffs and non-tariff barriers<br />
• Identification of opportunities and threats; including potential structural changes to take<br />
advantage of new relative competitive position.<br />
Study Deliverables<br />
Pre-Study Web-Based Seminar and Conference<br />
A web-based pre-study seminar of participating clients and Informa staff will be held to review the<br />
study scope and identify particular areas and issues that need special attention. A representative<br />
from the EU Commission and the U.S. government will lay out a framework for the webinar<br />
discussion along with the study team.<br />
Comprehensive Study Report and Presentation Materials<br />
All participating clients will receive A Global Trade Game Changer Opportunities and Challenges<br />
of a US and EU Transatlantic Trade and Investment Partnership Agreement study report and<br />
presentations materials used. All materials will be available electronically.<br />
Post-Study Web-Based Seminar<br />
A concluding group seminar will be held for all clients to participate with study staff and<br />
consultants to review the findings and implications.
US and EU Transatlantic Trade Multi-Client Study 7<br />
Final Report Presentation at Clients' Offices - Optional<br />
Informa staff is also available to present the final report and conduct in-house seminars to a client<br />
upon request. Presentations will be made for a flat fee of $2,000 (€1,600) plus related travel<br />
expenses.<br />
Project Schedule<br />
May/June 2013 Study begins<br />
June 2013<br />
Study Conference Kickoff<br />
August 2013<br />
Study completed – final report sent to clients<br />
September 2013 Client seminar to review report and Individual<br />
presentations at client offices<br />
(Dates are provisional and will be finalized based on timing of sign-ups)<br />
Study Fees<br />
The fees for the study are $14,500 (€11,500) for Informa Economics/<strong>Agra</strong> <strong>CEAS</strong> clients and<br />
$16,500 (€13,000) for non-clients. The above fees include the pre-study web-based conference<br />
and the client group review seminar. Presentations at client's offices by Informa staff are optional<br />
with a separate fee as noted above. Informa will bill half of the study fee at sign-up and half at<br />
project conclusion.<br />
Who Should Subscribe to This Study<br />
The issues covered in this study apply to a wide range of agriculture, food, and biofuel industries,<br />
including:<br />
• Agricultural Commodity/Livestock<br />
Groups<br />
• Agricultural Trade Associations<br />
• Agricultural and Food Companies<br />
• US and EU Government Agencies<br />
• State and Local Governments<br />
Study Staff and Review Team<br />
• Biofuel Producers/Exporters<br />
• Input Suppliers<br />
• Financial Institutions<br />
• Lobby Groups<br />
• Transportation and Logistics<br />
…and many more<br />
Informa Economics is headquartered in Memphis, TN with offices in Washington, D.C. and <strong>Agra</strong><br />
<strong>CEAS</strong> (“Informa”) with offices in London and Brussels, will work on this study. Both are sister<br />
companies under the Informa plc and Informa Economics Group umbrella. Informa is a world<br />
leader in broad-based agribusiness, energy and transportation consulting and commodity market<br />
analysis. Both firms are extensively qualified to conduct the market evaluation as they bring<br />
extensive experience working with agribusiness, trade associations and governments around the<br />
globe along the agriculture, food, energy, and transportation value chains.
US and EU Transatlantic Trade Multi-Client Study 8<br />
Informa has assembled a special team of highly qualified individuals to conduct this evaluation.<br />
The project leader is Mr. Joe Somers, Director of Washington <strong>Consulting</strong>. He will be supported by<br />
a uniquely well-qualified team of experts including Juan Sacoto, Senior Vice President and Head of<br />
Informa’s <strong>Consulting</strong> practice; Conrad Caspari, Managing Director of <strong>Agra</strong> <strong>CEAS</strong> and Dr. Maria<br />
Christodoulou, Director of <strong>Agra</strong> <strong>CEAS</strong>’ Brussels office; Michael McConnell, Senior Consultant, Riley<br />
Higby, Consultant, and Callie McAdams, Consultant. Dr. Bruce A. Scherr, Chairman of the Board<br />
and Chief Executive Officer and Tom Scott, President and Chief Operating Officer will serve as<br />
overall project reviewers. Informa will draw on its full team of professionals as required to<br />
accomplish this project. Individual biographies for each team member and a description of<br />
Informa and <strong>Agra</strong> <strong>CEAS</strong> are included after the enrolment form.
US and EU Transatlantic Trade Multi-Client Study 9<br />
ENROLLMENT FORM<br />
Yes, I want to receive the special multi-client study, entitled “A Global Trade Game<br />
Changer Opportunities and Challenges of a US and EU Transatlantic Trade and<br />
Investment Partnership Agreement (TTIP)” The cost of the study:<br />
For clients $14,500 (€11,500 in EU)<br />
For non-clients $16,500 (€13,000 in EU)<br />
Return Form to Informa Economics via fax to (703) 893-1065 or (901) 766-8158 or scan and email<br />
or<br />
Return to <strong>Agra</strong> <strong>CEAS</strong> via Fax to +44 (0) 1233 813309 or scan and email<br />
<br />
Please have someone contact me to provide further information.<br />
Name:<br />
Signature:<br />
Title:<br />
Company:<br />
Street Address:<br />
City, State, ZIP:<br />
Telephone:<br />
Fax:<br />
E-mail Address:<br />
Please note this is a multi-client study and is intended only for internal use of client subscribers and<br />
not for public distribution.<br />
Please feel free to contact us with questions:<br />
Conrad Caspari<br />
Managing Director<br />
<strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong> Ltd.<br />
Centre for Energy and Agri-food Studies<br />
The Brand Building, Briar Close, Wye<br />
Kent TN25 5HB, UK<br />
Phone: +44 (0) 1233 812181<br />
Email: conrad.caspari@ceasc.com<br />
Joseph F. Somers<br />
Director of Washington <strong>Consulting</strong><br />
Informa Economics, Inc.<br />
6862 Elm Street, Suite 210<br />
McLean, VA 22101<br />
Phone: 703-891-6307<br />
Email: joe.somers@informaecon.com
US and EU Transatlantic Trade Multi-Client Study 10<br />
Project Team Biographies<br />
Bruce A. Scherr, Chairman of the Board and Chief Executive Officer. Dr. Scherr has been with<br />
Informa Economics, Inc. (formerly Sparks Companies, Inc.) since 1987 in several executive<br />
capacities including President and CEO. In addition, he was an Advisor for Metalmark Capital LLC, a<br />
private equity fund. Formerly he was president of Sparks, Jacobs, Scherr, Inc. (SJS), a sister<br />
company to Sparks, and president of Agri-Commodities, Inc., an agriculture consulting firm based<br />
in Andover, Massachusetts, which was acquired by SJS. Prior to forming Agri-Commodities, Dr.<br />
Scherr was a divisional vice president at Data Resources, Inc., where he developed and utilized for<br />
the public and private sectors the first commercially available econometric model for US<br />
agriculture. Dr. Scherr received his bachelor's degree from Rutgers University and his master’s<br />
degree and doctorate from Purdue University, all in agricultural economics. Currently, he is a<br />
member of the Board of Trustees of the North American Electric Reliability Corporation; E. Ritter &<br />
Company; Santa Energy Company; and Chairman of the Board of Legumex Walker, Inc. In addition,<br />
he served as a member of the Global Strategy Institute Advisory Council of the Center for Strategic<br />
and International Studies; as a member of the Board of Directors for Desert STAR Inc., an electrical<br />
transmission Independent System Operator for the Desert Southwest from January 2000 through<br />
February 2002; and as a member of The University of Tennessee’s (UT) Institute of Agriculture<br />
Agricultural Development Board and UT’s Committee for the Future. He was named a 2007<br />
Distinguished Agriculture Alumni from Purdue University and he is a member of several honorary<br />
research and agricultural societies, a member of the National FFA Foundation Sponsors’ Board<br />
2000 through 2001 and a former advisor to the President's Council of Economic Advisers and<br />
National Aeronautics and Space Administration.<br />
Thomas P. Scott, President and Chief Operating Officer. Mr. Scott has been with Informa since<br />
1989. Mr. Scott's specialized work has included business strategy, agribusiness economic<br />
development, feasibility and site selection work, as well as various market analyses. In addition to<br />
his work in North America, Mr. Scott has extensive experience in the agribusiness sectors of<br />
Central Europe, Southeast Asia and South America. He has been involved in many training<br />
programs developed and delivered by Informa Economics. Prior to joining the company, he had<br />
various assignments in management, trading, logistics and merchandising with Continental Grain<br />
Company. He received his bachelor's degree in agricultural economics and business from Cornell<br />
University and a master's degree in business administration from the Amos Tuck School of<br />
Business Administration at Dartmouth College where he was an Amos Tuck Scholar.<br />
Juan E. Sacoto, Senior Vice President. With Informa Economics since 1997, Mr. Sacoto is the<br />
Leader of Informa’s Project <strong>Consulting</strong> Group. Mr. Sacoto has extensive experience in a wide range<br />
of management consulting services across most segments of the global agricultural and food<br />
supply chain and related supply chains such as renewable fuels and logistics, among others. Mr.<br />
Sacoto’s experience and on-work often involves business strategy, risk management, market<br />
research, feasibility evaluation, financial and competitive analyses, economic modeling and<br />
forecasting, economic development, economic impact, merger and acquisition (M&A) duediligence<br />
work, and related management consulting work. Mr. Sacoto has knowledge and<br />
experience analyzing many segments of the agriculture and food supply chain including: fertilizer
US and EU Transatlantic Trade Multi-Client Study 11<br />
production, seed, farm equipment manufacturing, crop and livestock production economics, sugar<br />
refining, grain storage and merchandising, grain and oilseed processing, sugar manufacturing,<br />
meat processing, vegetable oils, aquaculture, farmland economics, animal rendering, ethanol and<br />
biodiesel, pet food manufacturing, transportation infrastructure, and food consumption, among<br />
others. He also has extensive practical experience evaluating agribusinesses across several regions,<br />
including the US, Canada, Mexico, Brazil, Argentina, the EU, Mexico, China, Japan, Korea, Ukraine,<br />
Russia, and Southeast Africa. He is fluent in Spanish and has broad cross-cultural training. Prior to<br />
joining the company, he worked as a financial and equity analyst. He received his bachelor's<br />
degree in finance from Jacksonville State University and his master's in international business<br />
administration from The University of Memphis.<br />
Conrad Caspari, Managing Director of <strong>Agra</strong> <strong>CEAS</strong>. Mr. Caspari is based in London, and has<br />
Master’s degree in Philosophy, Politics and Economics and in Agricultural Economics from Oxford<br />
University. He worked for the Food and Drink Industries Council and the Economist Intelligence<br />
Unit in London before joining the company in 1986. Over the years, he has gained considerable<br />
experience in the operation of agricultural policies and commodity markets (grains and oilseeds,<br />
bioenergy, meat and dairy products, wine, spirits etc.) as well as on regulatory issues in the<br />
livestock and plant sectors and related animal health and welfare, plant health, market and trade<br />
issues. He has directed well over 500 projects both in the EU-27 and worldwide for both the agribusiness<br />
sector (business impact assessments and due diligence work) as well as for national and<br />
international institutions (WTO, World Animal Health Organisation (OIE), European Commission,<br />
European Parliament). He has extensive experience of analysing projects in the food chain, most<br />
notably conducting some 25 policy impact assessments and evaluations under a framework<br />
contract with the European Commission’s Directorate General for Consumers and Health). Conrad<br />
is fluent in English, German, French, Spanish and Portuguese.<br />
Dr. Maria Christodoulou, Director of <strong>Agra</strong> <strong>CEAS</strong>, Brussels. After graduating in Economics from<br />
the University of Athens, Greece, Maria completed a Masters and a Doctorate in Agricultural<br />
Economics at the University of Reading, UK, and a training period within the European<br />
Commission's DG Agriculture. Since joining <strong>Agra</strong> <strong>CEAS</strong> Brussels in 1992, Maria has worked on an<br />
extensive range of economic, policy, and business impact studies in the agricultural and food<br />
sectors and has, over the years, gained specific expertise in the European agri-food marketing<br />
chain, food safety, animal health and welfare, and international trade issues. Maria has extensive<br />
experience managing studies and projects for EU institutions and international bodies (European<br />
Commission, European Parliament, WTO, OIE). This has included many significant evaluations and<br />
impact assessments in trade related policy fields for the European Commission, which were led<br />
by <strong>Agra</strong> <strong>CEAS</strong>, for example, the evaluation of the Community Animal Health Policy (CAHP) and<br />
options for the future which has led to the current EU Strategy on Animal Health, the evaluation<br />
of the Community plant health regime and supplementary study in support of the impact<br />
assessment for the forthcoming EU Plant Health Strategy, and the impact assessment of<br />
forthcoming EU legislation on Country-of-Origin labelling for the whole range of agricultural and<br />
food products. Other work conducted over the last decade has included trade related projects for<br />
exporters to the EU of US timber, fruit juices, and meat. She has also undertaken work on wine<br />
exports from the EU. Maria is fluent in English, French and Greek.
US and EU Transatlantic Trade Multi-Client Study 12<br />
Joe F. Somers, Director of Washington <strong>Consulting</strong>. Mr. Somers is part of Informa's Project<br />
<strong>Consulting</strong> Group and is responsible for economic analyses and agricultural policy consultancy<br />
work in Informa's Washington, D.C., office. He brought to Informa more than 26 years' experience<br />
with USDA's Foreign Agricultural Service (FAS) as a Foreign Service officer and has been a member<br />
of Informa's staff since 2002. While at FAS, he served in Brazil and Argentina and traveled on<br />
official USDA fact-finding trips. In Washington, D.C., he supervised and conducted world<br />
supply/demand and trade policy analyses for a wide range of commodities and managed<br />
publication of several analytic circulars. He also was director of research and marketing for the GIC<br />
Group, Alexandria, Virginia, where he was responsible for business development and economic<br />
and market analyses. He received his bachelor's degree in political science from Northeastern<br />
University, Boston, and master's in agricultural economics from the University of Massachusetts,<br />
Amherst.<br />
Dr. Edward Oliver, Senior Consultant. Dr. Oliver has a Ph.D. in Agricultural Economics and<br />
Business Management from Imperial College London and an M.Sc. in Farm and Rural Business<br />
Management from the University of Aberdeen, in addition to numerous other agricultural,<br />
economics and business qualifications (PG Dip., BSc and HND). Edward specializes in evaluating<br />
investment opportunities and assessing the economic and business impact of changes in policy<br />
and markets for multinational corporations and institutional clients. He works extensively on<br />
research, analysis and due diligence projects for clients in all areas of the livestock (meat and milk<br />
and dairy products), arable (sugar, grains, oilseeds and proteins) and bioenergy (biofuels, biomass<br />
and biogas) supply chains. Recently, he has been working with a number of asset managers<br />
providing advice and due diligence on agricultural and bioenergy value chain investment<br />
opportunities throughout the world, including the world's largest diversified global farmland fund.<br />
Edward has a long track record working with a number of Universities providing distance learning<br />
education to students worldwide at MBA and MSc level on a range of economics, business<br />
management and agricultural programmes.<br />
Clifford Biggs, Consultant at <strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong>. Based at the Centre for Energy and Agri-food<br />
Studies in the UK Mr. Biggs is an economist with a BSc in Agricultural Business Management from<br />
Wye College (University of London) and an MSc in Applied Environmental Economics from<br />
Imperial College London. He has undertaken a number of market analysis and due diligence<br />
projects in the agricultural commodities and biofuel sectors worldwide; including work on<br />
feedstock and biofuel production and trade data for the European Commission DG TREN; studies<br />
looking at the potential for feedstock and biofuel production in several Middle East and North<br />
African countries for the European Investment Bank; and the potential for using wheat straw<br />
biomass for electricity generation in the UK. He has considerable experience of analyzing world<br />
biofuel, industrial and beverage alcohol (including wine), sugar, grain and oilseed markets, as well<br />
as evaluating and interpreting market and policy changes and the implications for commercial<br />
strategy and institutional clients in the biofuel feedstock and co-product sectors. Prior to joining<br />
<strong>Agra</strong> <strong>CEAS</strong>, Clifford worked as an economist at the International Grains Council in London.
US and EU Transatlantic Trade Multi-Client Study 13<br />
Anne Maréchal, Consultant at <strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong>, Brussels. Anne holds an MSc in Agriculture,<br />
Food Industry and Environment from Group ESA Angers, France and a MBM in European Business<br />
from ESCP Europe Business School in Turin, Italy and London, UK. Anne joined <strong>Agra</strong> <strong>CEAS</strong> following<br />
the completion of a bluebook traineeship in DG Agriculture and Rural Development of the<br />
European Commission. Anne has contributed to a number of studies notably on trade and traderelated<br />
issues, including a study on the Comprehensive Economic and Trade Agreement between<br />
Canada and the EU. Over the years, Anne has developed extensive knowledge on agricultural<br />
policy, markets and trade. Anne has had prior consultancy experience through various academic<br />
projects for public and private organisations, in South Africa, Italy and the United Kingdom. Before<br />
joining <strong>Agra</strong> <strong>CEAS</strong>, Anne worked in the Netherlands in trading of agricultural products to EU retail<br />
chains. Anne is fluent in French, English and Italian.<br />
Dr. Dylan Bradley, Senior Consultant at <strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong>. Dylan has a PhD in Agricultural<br />
Economics from London University and joined <strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong> in 1997. Dylan has carried<br />
out numerous evaluations of agricultural policy at the regional, national and European level and in<br />
doing this has gained considerable knowledge of a wide range of arable, livestock and specialist<br />
crop sectors, including hops and wine. Dylan has also evaluated EU policy on GM food and feed<br />
and is therefore a specialist in the international trade implications, development and future<br />
direction of this important market segment.<br />
Michael McConnell, Senior Consultant. Mr. McConnell is a senior consultant within Informa’s<br />
Project <strong>Consulting</strong> Group, based out of Informa’s Washington, D.C., office, where he works with<br />
numerous clients, focusing on the economic effects of trade and agricultural policies on US<br />
agriculture and its stakeholders. McConnell also performs market research and analysis on a wide<br />
range of markets and commodities. Prior to joining Informa, McConnell worked at the US<br />
International Trade Commission (USITC) where he was the agency’s grain analyst. Before his work<br />
at USITC, McConnell was an agricultural economist at USDA’s Economic Research Service where he<br />
was an analyst for a number of commodities in the market outlook program, including livestock<br />
(specifically beef) and sugar. McConnell received his master’s and bachelor’s degrees in economics<br />
from Lehigh University in Bethlehem, Penn.<br />
Callie P. McAdams, Consultant: Ms. McAdams is a consultant within Informa Economics’ Project<br />
<strong>Consulting</strong> Group. She works at the company’s Washington, D.C., office. Her responsibilities<br />
include assessing agricultural policy as it relates to US producers, consumers, policymakers, and<br />
the food industry. She also performs research and analysis of diverse domestic and international<br />
agricultural matters. She has a background in a wide range of agricultural areas, including<br />
livestock, crops, and diversified agricultural production. Prior to joining Informa, she worked as a<br />
research assistant at Texas A&M University where she modeled the influence of health<br />
information on consumers’ willingness to pay for horticultural products. She also interned with the<br />
North Carolina Agricultural Extension Service, doing work on marketing and crop production. She<br />
received her bachelor’s degree in agricultural business management and animal science from<br />
North Carolina State University and her master’s degree from Texas A&M University in agricultural<br />
economics.
US and EU Transatlantic Trade Multi-Client Study 14<br />
Riley Higby, Consultant. Mr. Higby is a member of Informa Economics' Project <strong>Consulting</strong> Group,<br />
with responsibilities for financial analysis and market research. Prior to joining Informa Economics,<br />
Mr. Higby was a management consultant with Lookout Ridge <strong>Consulting</strong>, formerly Salisbury<br />
Management Services, in its Pacific Northwest office. At Lookout Ridge <strong>Consulting</strong>, he specialized<br />
in consulting roles that included financial analysis, succession planning, and management<br />
consulting for agri-business and production agricultural operations. Mr. Higby grew up on a<br />
commercial cattle operation in western Idaho. He earned his bachelor's and master's degrees in<br />
agricultural economics with a minor in accounting at the University of Idaho. While at the<br />
University of Idaho, Mr. Higby was an intern with the Livestock Marketing Information Center,<br />
studying cow-calf economics and management information systems. Mr. Higby's graduate level<br />
thesis focused on an economic analysis of Pacific Northwest apple production as well as the<br />
impact of specific management practices.<br />
About Informa Economics<br />
Informa Economics, Inc. (Informa) is the world leader in broad-based domestic and international<br />
agricultural and commodity/product market research, analysis, evaluation and consulting.<br />
Informa serves hundreds of firms, institutions and trade organizations worldwide from our<br />
headquarters in Memphis, Tennessee. Informa also maintains offices in McLean VA, St Paul MN,<br />
Winnipeg MB (Canada), São Paulo (Informa Economics-FNP), London and Brussels (<strong>Agra</strong> <strong>CEAS</strong>) and<br />
Washington DC (WPA).<br />
Informa’s broad categories of services include:<br />
• Management <strong>Consulting</strong> for Agribusiness;<br />
• Commodity Market Analysis and Evaluation (Agriculture and Energy);<br />
• Risk Management Strategies;<br />
• Education and Training;<br />
• Newsletters and Other Publications; and<br />
• Transportation, Industrials and Energy Market Analysis.<br />
The company’s professional depth and experience allow us to provide a wide range of services<br />
related to the economic and management concerns of clients, as well as to focus on broader<br />
issues concerning markets, facilities, resources and many others. In addition, Informa Economics<br />
is a world leader in the collection, analysis, and dissemination of agriculture and food information.<br />
The Informa team has also has extensive experience in agricultural policy analysis, especially since<br />
many employees formerly held senior policy, analysis or advisory positions in government; worked<br />
for major trade associations; held positions in land grant universities; or held senior management<br />
positions in leading agribusiness companies; most hold advanced degrees in agricultural<br />
economics or related fields. (For more information on Informa Economics, its staff and the<br />
services it provides see www.informaecon.com)
US and EU Transatlantic Trade Multi-Client Study 15<br />
About <strong>Agra</strong> <strong>CEAS</strong><br />
<strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong> is a specialist agri-food and bioenergy consultancy that has carried out a<br />
broad range of assignments since its establishment in Brussels in 1973, helping both public and<br />
commercial sector clients to monitor, analyse, assess, evaluate and implement policies and<br />
business strategies specifically in the fields of agriculture, trade, environment, food and drink and<br />
bioenergy.<br />
<strong>Agra</strong> <strong>CEAS</strong> is a joint venture between Informa and Imperial College, London and these unique<br />
linkages enhance our ability to provide specialist and local advice and analysis by providing us with<br />
an approach that combines in-depth knowledge and experience with the rigour of a world class<br />
academic establishment operating within a commercial environment.<br />
More generally, <strong>Agra</strong> <strong>CEAS</strong> <strong>Consulting</strong> has a long track record working worldwide with both public<br />
(WTO, OIE, FAO, European Commission etc.) and commercial sector clients throughout the agrifood<br />
supply chain on trade related issues and their implications for the agri-food and drink sectors.<br />
Our work for international food and drink companies, bioenergy companies, trade associations<br />
and financial institutions has involved a variety of tools including forecasting, as well as policy and<br />
market analysis for due diligence assessments.