World Perspectives

WTO Epiphany; Trump Treats Ag Horribly

WTO Epiphany Keith Rockwell is a trade policy professional. The lead spokesman for the WTO for many years, he was a cheerleader for the new world order and the opportunities it presented. He emphasized the importance of reaching agreement at each successively failed WTO ministerial. But Rockwell left the WTO almost three years ago and is both free to speak and has the benefit of hindsight. He now echoes what many others have long observed. Rockwell now acknowledges that the problem with the WTO is that it is controlled by developing countries, which self-designate that status and now view the associated privileges of being "developing" as entitlements. Thus, there has been no major trade agreement since the founding of the WTO. All major ag...

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Infuriating Ingratiation; Soul Crushing Jobs

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Dec 25 Corn closed at $4.02/bushel, down $0.05 from yesterday's close.  Sep 25 Wheat closed at $5.0825/bushel, down $0.085 from yesterday's close.  Nov 25 Soybeans closed at $9.9075/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $284.9/short ton, down $0.1...

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Snacking Turmoil

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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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