Some aggies are concerned that the Trump administration will impose a trade embargo against China if Beijing does not do more to stop North Korea’s nuclear missile efforts. Outdated Embargo Protection Some aggies are concerned that the Trump administration will impose a trade embargo against China if Beijing does not do more to stop North Korea’s nuclear missile efforts. The last embargo against the former Soviet Union in 1980 prompted Congress to subsequently pass agricultural embargo protections as part of the Agricultural Trade Act. However, that language is now three decades old and does not reflect today’s farm law or the risk at hand. The protection is only triggered if the president imposes a less-than-comprehensive embargo that ha...
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: 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...