World Perspectives

Inflation, Monetary Policy and Ag Trade

The Federal Reserve’s Federal Open Market Committee (FOMC) made some noteworthy changes to its economic outlook at last week’s meeting, revising its forecast of personal consumption expenditures (PCE) to 1.5 percent for 2019 and 1.9 percent for 2020. The PCE is the standard measure used by the Fed for inflation excluding ag and energy. The March PCE forecast was 1.8 percent for this year and 2 percent for 2020. Of course, the Fed’s target for inflation is 2 percent. The downward revised forecast is therefore a precursor to the FOMC considering a rate cut to bump inflation up to that target. The June meeting was a dot-plot meeting, which involves the Fed releasing a chart of the members’ outlook on future interest r...

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Export Sales

Export Sales and Shipments data for the week ending Nov 27, 2025...

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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.

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