Border Trouble The Biden Administration’s management of a flood of children across the southern border is receiving the media attention but U.S. agriculture groups have other complaints emanating from the south. Agriculture groups sent a letter to new U.S. Trade Representative Katherine Tai and Agriculture Secretary Tom Vilsack covering eight trade barrier issues that have been erected by Mexico City under President Andrés Manuel López Obrador (AMLO’s). The most serious is his threat against imports of GMO corn from the U.S. but there are several other products being impacted. AMLO’s protectionism makes little sense when his country has a substantial trade surplus since it risks losses for his own farmers. F...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.