Yesterday, President Trump announced from the Oval Office a trade deal “in principle” with the UK, the first of its kind following the reciprocal tariffs imposed by the U.S. While details are still lacking, according to the Administration, the agreement includes increased market access of more than $700 million for ethanol exports and $250 million on other ag products. It will also include streamlined customs procedures for U.S. exports. Ag Secretary Brooke Rollins noted that ethanol tariffs are reduced from 19 to 0 percent, and new access for beef also hailed as a success, and “as we move forward, I know our incredible trade team is looking at all the meats, all of the produce, really all of our agriculture exports.&rdquo...
Key Takeaways: Lamb and goat tariffs protect market share, not prices. The flock is too small to respond quickly, and the burden depends on origin: 12.5 percent on Australia and New Zealand, reportedly 37.5 percent plus the base rate on China. Wool is most exposed via the export side. The U.S...
Key Takeaways: Dry bulk markets are mixed this week with the Capesize sector falling on the demand slump stemming from China’s Golden Week holiday while Panamax and smaller vessel class rates remain firm. The Atlantic’s first hurricane of the season, Hurricane Isaias, intensi...
Yesterday’s momentum is facing a tougher test today. Stocks and most grain markets have pulled back, while higher Treasury yields and a firmer dollar are making buyers work harder to defend the gains. Crude oil has turned lower, easing some immediate energy pressure, but the Fed minutes l...
Key Takeaways: Corn prices will see support in 2026/27 and likely average $5.11/bushel for farm-gate values across the marketing year. Support for corn values comes from an 8 percent year-over-year reduction in supplies that is only partially offset by a 2 percent reduction in total use. Soybe...
From WPI Consulting
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.