Support for Trade Democrats and Republicans do not agree on much but House Ways & Means Committee Chair Richard Neal (D-Massachusetts) and Ranking Member Kevin Brady (R-Texas) both counselled the Biden Administration to pursue more trade agreements like the USMCA. That is perhaps not so surprising given that appointments to the Ways & Means Committee and especially its Trade Subcommittee tend to be pro-trade politicians. But framing it in the context of USMCA also makes it easier since organized labor achieved some of its ambitions in that agreement, and the Biden Administration has been heavily challenging Mexico based on those provisions. Energy Stress Focuses the Mind It was unclear until today whether the European Parli...
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 hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...