Plant Protein Protectionism In a “Europe First” move, the EU has committed to creating an “EU Protein Plan” by the end of 2018. The import substitution plan, a remake of the policy goal that sparked a major trade impairment case in the 1990s, is aimed at improving European self-sufficiency in plant protein production. If successful, it will reduce sales of these products by North and South American producers. The EU’s policies are rapidly increasing its trade surpluses in agriculture. China Cheat China also holds the goal of reversing its import dependence on foods, although the WTO has just struck down one of its methods, which is the imposition of large safeguard duties on broiler meat imports from...
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...