An analysis by Bloomberg revealed how dominant China is in trading with nations in the Indo-Pacific. In a subset of 15 countries, the closest balance in trade between the two largest economies was held by India, with a near even split but still advantage China. However, looking at the balance of trade between Indo-Pacific countries and the U.S. and China reinforces that the trade typically flows to the advantage of China. Vietnam uniquely holds a trade deficit with the U.S. and South Korea’s trade surplus is roughly the same between China and the U.S. However, overall, many countries in the region view China’s dominance with trepidation, and prefer a stronger relationship with the West, though better terms of trade may be part...
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.
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...