World Perspectives

Drab WTO Reforms; Precaution or Patents

Drab WTO Reforms The U.S. has motivated other major WTO members to seek reforms for the organization, and the latest list of proposals reveals how moribund the institution can look from the outside. The U.S. proposed the most basic expectation by members – transparency. Now the EU, China and nine other members have proposed such basic bureaucratic functions as documenting trade issues that arise in committee meetings, formalizing their handling (advance notice, query and response, etc.) and, ultimately, having an informal discussion about resolving them. Developing countries typically have one excuse for noncompliance with procedural requirements, and that is a lack of resources. The proponents of reform recommend these countries si...

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Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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.

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