The U.S. and Japan struck an initial agreement in 1988 that reduced the barrier to imports of American beef. This year the two countries signed an updated beef safeguard regime as part of the U.S.-Japan Trade Agreement. There are three triggers in the new safeguard covering U.S. market share, and impacts from the CPTPP. Japan’s domestic beef production has been stable through the years with consumption largely fluctuating with the level of beef imports. U.S. market share for beef into Japan rose through the early 2000’s, fell and began rising again until the CPTPP came into force, with that agreement benefiting beef from ANZUS. ...
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...