Miscellaneous Initial excitement over China’s pledges to buy American farm products has faded, as no purchases have immediately materialized. USDA Deputy Secretary Stephen Vaden said he is confident that China will meet its purchase commitments from the U.S., but market conditions and trade dynamics have changed expectations. China’s exports surged 19.4 percent in May versus a year earlier, but some worry that future sales will be hurt by higher input costs from the Middle East. Plus, the large pool of low-cost labor supporting export growth is quietly receding in size, though it is hoped that robotics will solve that problem. The U.S. announced new tariffs with the same goal but a different rationale, imposing up to 12.5 percen...
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: Early Tuesday, the U.S. Energy Secretary said vessel traffic through the Strait of Hormuz is rising in a “very meaningful way.” Tuesday afternoon, however, President Trump said Iran shot down a U.S. helicopter while it was patrolling the Strait of Hormu...
In January of this year, the House passed House Resolution 375, which established an E15 Rural Domestic Energy Council and directed the council to investigate the sale of E15, to develop legislative solutions, and to submit those solutions to Congress. E15 legislation was included in a short-te...
Key Takeaways: Early U.S. biofuel policy relied primarily on crop-based feedstocks such as corn and vegetable oils. California's LCFS increased demand for waste-derived feedstocks by rewarding fuels with lower carbon intensity scores. Supplies of used cooking oil, animal fats, and distillers c...