Hong Kong is Trouble Under a requirement from Congress, U.S. Secretary of State Mike Pompeo notified that Hong Kong was no longer autonomous from China. The announcement is in response to Beijing’s imposition of national security legislation on Hong Kong this week, but it has much larger potential implications. Washington could now impose economic and trade restrictions that would most certainly result in retaliation. Hong Kong is the sixth largest export market for U.S. agricultural goods, buying $4.2 billion worth of food in 2018 alone. Overall, the U.S. has a larger trade surplus with Hong Kong than any other market. It has been the workaround into the Mainland market when selling directly was challenging. EU Mugs the FAANG&rsquo...
Key Takeaways: Export sales measure new commitments for future delivery, while export inspections provide a timelier gauge of grain that is physically moving through the export system. Sales and inspections often diverge from week to week because they measure different stages of the export pro...
What You Need to Know Today: The Brazilian real surged to start the week after a surprise election result in which right-wing Flavio Bolsonaro won the first round of the election. The swing in the U.S. dollar/Brazilian real (USD/BRL) exchange rate caused soybeans to jump sharply higher in earl...
Key Takeaways: Harvest pressure is fundamentally a timing issue: supply arrives much faster than demand can adjust, creating temporary weakness that can occur across crops and regions. The intensity of that pressure depends less on crop size alone than on how quickly grain moves into the syste...
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.