World Perspectives

Unhidden Trade War

There is the proposition that because there is presently no actual exchange of retaliatory or counter-retaliatory tariffs between the U.S. and China, there is consequently no actual trade war – just an exchange of words. The problem with that supposition is that governments can influence trade through informal measures, and this is especially true when it comes to state-owned enterprises (SOEs). China has many SOEs, some owned by the federal government and many others by the provinces. These companies receive both subtle and some not-so-subtle instructions from the government. U.S. suppliers like Boeing or the ABCDs may see sales slide even without officially being hit with a 25 percent tariff. Additionally, Beijing has been accused...

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Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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