As if the terms of the Phase One trade deal with China has not generated enough questions for the market, it is indirectly sparking some more speculation about whether USDA will issue a third round of Market Facilitation Program (MFP) payments. The concept behind the MFP was to help tide farmers over during the trade uncertainty. Now, with USMCA half way through the U.S. Congress, a Japan agreement, and a China deal to sign will MFP have one last hurrah, or will it be eliminated. USDA will be making its decision any day now, as the process will need to commence in the early part of January, if the program continues. Top indicators will be: Finalized Trade Agreements: We have only one (Japan) in the bag, which starts 1 January. The Ch...
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.