World Perspectives
livestock

A World of Problems for Pigs

On 31 May, one day prior to implementation of the U.S. tariffs on steel and aluminum, the Economy Secretariat of Mexico announced that until those are rescinded, Mexico would respond with an equivalent amount of tariffs on U.S. pork legs and shoulders as well as sausage, cheese, apples, food preparations, and various manufactured goods. Yesterday Mexico did just that, imposing a 10 percent tariff on pork that will increase to 20 percent in 30 days (on 5 July). No country has ever shipped more pork to another country than the U.S. did to Mexico last year at more than 800,000 MT worth $1.51 billion. About two-thirds of that value applied to hams, which would now fall under the new tariff. U.S. pork is gaining market share globally. Although...

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

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Recent Market Volatility Increases Futures Mispricing

Following the recent shocks to the grain markets – the Grain Stocks report data and news that soybeans will be on the negotiating table when Presidents Trump and Xi meet next – many are wondering what happens next as far as commodity pricing goes. WPI certainly doesn’t have a...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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