Industrial Policy is Back At Davos, USTR Kathrine Tai pitched her “worker-centric” trade policy while other American representatives defended new EV subsidies. Europe made its pitch for strategic autonomy and is now working on its own new subsidy plans. Agricultural subsidies are back in vogue as well as EU Agriculture Commissioner Janusz Wojciechowski told European Parliament members that efforts to control food inflation was maxed out and perhaps the solution is to increase Common Agricultural policy spending in the 2028-2034 budget period. But it is going to be hard to increase food production and thus lower inflation if the tools of production are removed. Pesticides were already going to be cut and now the European...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.