Senate Agriculture Committee Chairman Pat Roberts (R-Kansas) told Agri-Pulse to “Show me a nation that cannot feed itself, and I'll show you a nation in chaos. I've said it before and I'll surely say it again.” And he would be wrong each time he said it. China No Substitute Some are saying that Donald Trump’s refutation of the Trans-Pacific Partnership (TPP) opens the door for China to dominate Pacific trade via the Regional Comprehensive Economic Partnership (RCEP). However, that is an inferior framework, which is why there has been greater regional interest in the TPP. Japanese Prime Minister Shinzo Abe says the TPP is meaningless without the U.S., and China’s lower reliability as an import market undermines its leadership in the region...
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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...