Macro Trends U.S. Ag Exports Through First Half Of 2018 Show Impact of Tariffs While the effects of China’s trade war with the U.S. have primarily focused on steel, aluminum, pork, wheat and (most specifically) soybeans, consumer-oriented goods have largely remained untouched. As previously reported in June (see https://www.worldperspectives.com/articles/china-in-country-analysis-6062018), the Chinese government decided to reduce most favored nation (MFN) tariffs on a range of food and beverage categories from 15.2 percent to 6.9 percent as of 1 July. It was noted at the time that the goal was to lower food inflation for China’s growing middle class and provide its consumers with broad access to quality products. While China...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...