World Perspectives

Draghi versus Strategic Dialogue; Cooking the CVD Books

Draghi versus Strategic Dialogue Mario Draghi issued his long-awaited report on European competitiveness that had been requested by the European Commission. Its content stands in both contrast and conflict with U.S. goals and the Strategic Dialogue just completed on future support for European agriculture.  The Draghi report focuses on boosting European productivity, which the U.S. has consistently outpaced. He suggests an industrial policy focused on investing in “technological sovereignty.” There is specific focus on digitalization, green tech, and defense. Notably, he recognizes that Europe’s General Data Protection Regulation is not only annoying to Americans who now must always click accept all cookies, but it...

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Summary of Futures

Dec 25 Corn closed at $4.2975/bushel, down $0.07 from yesterday's close.  Mar 26 Wheat closed at $5.495/bushel, down $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3625/bushel, down $0.1725 from yesterday's close.  Dec 25 Soymeal closed at $318.9/short ton, down $8...

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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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