Like meat prices last year, gasoline prices this year have taken on a political dimension. In both cases the White House employed the bully pulpit to pressure industries to lower retail prices. So, it is no surprise that the Administration took a bit of a victory lap on gas prices dropping since their June peak of more than $5 per gallon to current levels of $4.45 per gallon. As White House economist Jared Bernstein said last week, “It's one of the fastest declines in retail gas prices in a decade” using a talking point out of the White House communications office memo circulated to the press which stated: Even as Putin’s war continues to pressure global energy supply, American families are currently living through one of...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...