More Tariff Threats but Progress Fresh off his claim of successfully coercing Mexico via tariff threats into greater responsibility for the immigration mess, President Trump returned his focus today to China. Likely discouraged by skepticism expressed by Treasury Secretary Steven Mnuchin that China is going to make any progress on U.S. demands before the G20 summit late this month, Mr. Trump made a new tariff threat today. He said he would apply 25 percent tariffs on another $300 billion worth of imports from China. However, it was a light threat since they would only be imposed if Chinese President Xi Jinping refuses to meet with him at the G20 meeting, a rather low bar. Meanwhile, G20 trade officials reached agreement on a statement reg...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.