World Perspectives

First Ever CN; KL Opportunity

First Ever CN The Trump administration is showing that it plans to be aggressive on trade in unique ways. Previous administrations have imposed tariffs on imports (Obama on tires, G.W. Bush on steel), but this week the U.S. became the first country to use the WTO’s counter-notification (CN) policy. The U.S. Trade Representative filed a notice that India had dramatically underreported the level of subsidies it has provided to wheat and rice growers. India is limited to providing support no greater than 10 percent of the value of the crop. Using that country’s own domestic data, the U.S. charges that support during specific years amounted to 60-68 percent of the wheat crop value and 74-84 percent of the rice crop value. Developi...

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Market Commentary: Risk is Priced In — But Not Yet Believed

Key Market Developments Macro/Geopolitics:  Markets are staring down a deadline tonight as President Donald Trump pushes Iran to reopen the Strait of Hormuz by 8:00 PM Eastern. So far, Iran has rejected the U.S.-backed ceasefire proposal — reportedly delivered through Pakistan &mdash...

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Sugar Supply and Demand Situation

Mexico’s 2025/26 sugar production is estimated to be 5.024 million MT, reflecting about a 6 percent increase from 4.7 million MT after the past two years of weather-affected output, including both persistent drought and ill-timed rains. Nonetheless, production remains near the low end com...

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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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