Mexico Hardens Positions USTR Katherine Tai met with her Mexican counterpart this week, Economy Minister Raquel Buenrostro, and the message was clear, Mexico will continue nationalizing its energy sector. The two agreed to kick the can down the road by extending the dispute settlement “consultations” to December but Mexican President Andrés Manuel López Obrador (AMLO) specifically fired Buenrostro’s predecessor and hired her knowing she would stand firm. AMLO is said to be “dug in” on both nationalizing Mexican energy and eliminating imports of GMO corn from the U.S. His pit bull in the GMO corn fight is Agriculture Under Secretary Victor Suarez. Suarez spent decades as an organizer...
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...
From WPI Consulting
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.