New Trade Agenda Members of Congress are upset that President Biden has followed his predecessor’s approach of largely bypassing the legislature when it comes to trade. To reassert their jurisdictional primacy on the topic, there is rare bilateral agreement to work on trade legislation that will mor explicitly define Executive Branch obligations on a wide range of topics from negotiating objectives to closing loopholes being exploited by China and others. At the same time, the pro-business New Democrat Coalition has created a trade task force that will look for ways to expand U.S. trade. The question is whether President Biden would veto instructions from Congress that could tie his hands on trade? Let Them Eat Pasta Meat consumpti...
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: 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...