World Perspectives

No Olive Branch; Farm Price Charade

No Olive Branch In 2018, the U.S. began imposing 30-44 percent antidumping and countervailing duties on ripe olives originating in Spain. The EU was aghast since it implied that farm payments could be countervailed. Brussels challenged the duties in the WTO dispute settlement process and won. The panel ruled that Europe’s Basic Payment Scheme for farmers was not illegal. Now the U.S. International Trade Commission has completed a WTO required five-year sunset review and ruled that removing the AD/CVD duty orders would resume injury to the domestic olive industry. If the AD/CVD duties are not removed, the EU will be able to impose retaliatory duties on imports from the U.S.  Meanwhile, potential next U.S. president Donald Trump...

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Mar 26 Corn closed at $4.2825/bushel, down $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.225/bushel, down $0.07 from yesterday's close.  Mar 26 Soybeans closed at $10.6175/bushel, down $0.06 from yesterday's close.  Mar 26 Soymeal closed at $294.3/short ton, down $5...

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E15 Dropped from Appropriations Bill

In a years-long, ongoing policy battle, a provision to secure E15 was dropped at the last minute from the appropriations bill. On paper, the path forward looks clear, as the oil refiners’ association is now onboard with E15; however, there are still many other smaller mechanisms in the le...

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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.

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