Government Recession: Economic recessions are typically caused by misallocated resources in the marketplace. Policymakers ride to the rescue with bailout packages and proposed rules to supposedly stop the bad actors from repeating their folly. However, this impending recession will be different in that it will be explicit government policy that will cause it. Shutting down schools, restaurants and other efforts to isolate (quarantine) potential sources of infection will be the cause. Governments are not just destroying demand, but they are also manipulating the supply side. Protectionism: Politicians know that it is their publics that will judge the effectiveness of coronavirus management efforts. Banning the export of surgical masks...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.