COVID Limits DC Washington Trade Daily has long tracked the trade-related machinations in Washington but there has been less to follow as the city’s apparatus remains operationally remote. Prior to the COVID shutdown, its weekly curation of think tank events on trade, and economic and foreign policy events would run four to five pages long. Even with the capacity to operate activities virtually through webinars, Zoom meetings and other approaches, this week’s tally of events totals five and takes less than half a page to document. Calculating 3 November Following a meeting by U.S. Secretary of State Mike Pompeo with Chinese officials last week, Beijing promised to accelerate its purchases of farm commodities. The Chines...
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.
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...