World Perspectives

Perpetuating Dependence; 2021 Agenda

Perpetuating Dependence Members of the African Union want the EU to subsidize Africa’s capacity for producing value-added goods, and then they want Europe to import the resulting products. German Chancellor Angela Merkel is saying that Europe could concede better preferential access for goods from the richer countries in Africa, something currently reserved just for the poorer ones. The EU will be making a mistake if it does not mimic the U.S. in insisting that African countries also improve the access they give to imports. The WTO is in trouble because years ago rich countries granted preferential terms without reciprocity to the vast majority of the organization’s members. That majority now refuses to ever grant more balanced...

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Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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