World Perspectives

U.S. Red Meat Losing Ground in Japan; Trump’s Mexican Border Threat

U.S. Red Meat Losing Ground in Japan It is the first day of the fiscal year in Japan, and duties on beef, pork and other commodities dropped under both the Japan-EU Economic Policy Agreement (EPA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for exporting countries that are competitors to the U.S. The effective dates for the first rounds of tariff reductions under the EPA and the CPTPP were 1 February and 30 December 2018, respectively, and the second rounds were put in place today. That puts the U.S. at the following tariff rate disadvantages:

11.9 percent on chilled and frozen beef muscle cuts 7.1 percent on beef tongues and skirt meat 3.4 percent on pork sausage 4.2 percent on hams and bac...

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Summary of Futures

May 26 Corn closed at $4.485/bushel, up $0.05 from yesterday's close.  May 26 Wheat closed at $5.915/bushel, up $0.17 from yesterday's close.  May 26 Soybeans closed at $11.7075/bushel, up $0.0725 from yesterday's close.  May 26 Soymeal closed at $320.5/short ton, down $0.4 from...

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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.

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