The Foreign Ministry of Brazil notified the U.S. today that it has directed its trade body, Camex, to investigate whether it can retaliate against the 50 percent tariffs imposed by the Trump Administration on several goods imported from Brazil. The investigation will conducted be under a law passed by Brazil’s Congress earlier this year and sets up a process to respond to unilateral trade actions against the country. A Camex official noted that the new legislation passed Congress virtually unanimously; that statement was made in Mexico City during a trade related trip. At the same time, the official noted that Brazil is open to talks with the U.S. Trump’s key motivation in applying the tariffs was the prosecution of former Presi...
What You Need to Know Today: Non-farm payrolls rose by 172,000 jobs in May, above economist expectations of 80,000 jobs. With the job market strong, the Fed may consider raising interest rates to tame inflation. The strong jobs report was a catalyst for lower risk appetite across financial and...
Newworld screwworm Update The detection of New World screwworm (NWS) in Texas on Wednesday has been volatile for the cattle markets. The confirmation came on Wednesday evening, and the futures market opened sharply lower on Thursday. Market participants cited unknowns about cattle supplies and...
With considerable fanfare—and few specifics—USDA last week announced its Great American Cotton Plan for 2026-2031. Secretary Brooke Rollins and industry leaders described the initiative as a comprehensive strategy to address the persistent challenges facing U.S. cotton production, d...
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.