Blame the Golden Goose The COP26 meeting in Glasgow continues this week and developing nations are demanding that rich countries compensate them for climate change with a large wad of cash - $1 trillion per year to Africa, another $1 trillion for India, etc. They argue that the rich countries bear primary responsibility for climate change, noting that historically, the U.S. alone has been responsible for 20 percent of global emissions. This is of course Trumpian-level analysis that sees the world as a zero-sum game. Because the U.S. economy grew, so did that of the developing countries. Their merchandise exports grew by over 1,000 percent, as did foreign direct assistance into their governance-challenged economies. There is a reason...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...