IPEF Sloganeering Deputy U.S. Trade Representative Sarah Bianchi is in Australia this week, reportedly to pitch the Biden Administration’s vision for its Indo-Pacific Economic Framework (IPEF). The Senate Finance Committee held a hearing yesterday on the IPEF and key members of the panel insisted that it was not much of a replacement for the TransPacific Partnership rejected in the Trump Administration because it is void of market access for agriculture. Indeed, testifying yesterday on behalf of agriculture, Sharon Bomer Lauritsen lamented that, “At this time, however, little public information is available as to what is really envisioned by the Administration.” In fact, the Administration has stated it is not seeking to...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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...