World Perspectives

Anomalous China Trade Year

The Biden Administration announced that it will ensure enforcement of the Phase One trade deal with China but that will not be much of a challenge when it comes to agriculture. U.S. sales to the Middle Kingdom are up over 100 percent. The increases include a 194 percent spike in soybeans sales and a 182 percent jump in corn sales. There have also been large increases in sales of products such as cotton, meat, ethanol, and tree nuts.  The larger question is what happens in 2022 should Chinese farmers harvest bumper crops this fall. Marketing year sales are already lagging that of this time last year. There will be no trade agreement to blame for being violated since it expires at the end of 2021. If sales are lower in 2022, the politic...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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