The U.S. has set a hard deadline on the U.S.-Mexico sugar trade talks, backed up by a possible re-imposition of duties on Mexican sugar. Will that be the de facto beginning of NAFTA renegotiations?Yesterday was the deadline for the U.S. and Mexico to come to an agreement on bilateral sweetener trade. It would have superseded a deal reached in December 2014, referred to as the “suspension agreement” because it suspended the antidumping and countervailing duties the U.S. imposed on Mexican sugar. However, over two years of on-gain/off-again negotiations between the two countries have gone nowhere.The most recent talks started in late 2016 with a 4 April 2017 deadline, but that was moved to 1 May due to the change in U.S. administrations and a...
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...