On 26 July, WPI wrote about the Department of Commerce decision to consider countervailing duties (CVD) and anti-dumping duties (AD) on imports of urea ammonium nitrate solutions (UAN) from Russia and Trinidad and Tobago. The preliminary alleged margins are 169 to 433 percent on UAN imports from Russia and 158 percent from Trinidad and Tobago. Final determinations will be made on the CVD in December and on the AD investigation in February. Recall that phosphate imports from Morocco (the U.S.’ largest supplier) and Russia were also subject to CVDs as of February this year, on a case filed in the Summer of 2020. The final CVD rate was 19.97 percent, down from the alleged margins of 30.72 and 71.5 percent. However, CVD deposits can be c...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.