Economists and central bankers gathering this past weekend at the American Economists Association found reasons to be optimistic. The U.S. economy is slowing but odds of a recession are low. Low interest rates and a solid jobs market offset a slowdown in manufacturing. The IMF predicts global economic growth to increase in 2020 and again in 2021, leg by improvements in many emerging markets. In reaction to the growth, raw material prices have been rising and the dollar is at its lowest level since March, a factor that further boosts commodity consumption. GDP growth is much more volatile than major agricultural commodity ending stocks, but there is nonetheless a correlation. GDP growth spurs consumption. If geopolitical volatility does not...
From WPI Consulting
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.