World Perspectives

China Market Analysis

Farm Policy Next week is China’s annual ‘Two Sessions’ (the People’s Congress plus a consultative body) where Beijing releases its next Five-Year Plan. It has already released its 15th Five-Year Plan for agriculture. It reflects the nation’s evolution from a developing country desperate for calories to a rich country envisioning smart agriculture and resource-efficient production. This includes integrating technology to overcome resource limits and produce more and higher-quality food along a more sophisticated supply chain. Trump Tariffs The soybean futures market wobbled over doubts about whether the Chinese would buy more U.S. soybeans without the threat of IEEPA tariffs to bind them to current agreements. B...

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Supreme Court Ruling on Tariffs: Out with Old, In with New

Last Thursday, the Supreme Court of the United States upheld a lower court ruling that the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were “contrary to the law.” However, as President Trump noted, the opinion remained silent on the issue of rebatin...

Tariff Confusion Fun; Practical Judgements and Threats to Food; Glypho Confusion; Food Inflation

Tariff Confusion Fun Reactions to the U.S. Supreme Court’s ruling that general use of tariffs is not within the President’s authority under the International Emergency Economic Powers Act (IEEPA) have been wildly diverse. Mass media headlines initially celebrated the “smack do...

livestock

Cattle on Feed Report: Bullish Outlook

USDA’s monthly cattle on feed report was released Friday. The total number of cattle on feed in feedlots with 1,000 head or more capacity was 11.5 million head, unchanged from last month, but 98 percent of last year. Marketings totaled 1.63 million head, or 87 percent of last year, in li...

Supreme Court Ruling on Tariffs: Out with Old, In with New

Last Thursday, the Supreme Court of the United States upheld a lower court ruling that the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were “contrary to the law.” However, as President Trump noted, the opinion remained silent on the issue of rebatin...

Tariff Confusion Fun; Practical Judgements and Threats to Food; Glypho Confusion; Food Inflation

Tariff Confusion Fun Reactions to the U.S. Supreme Court’s ruling that general use of tariffs is not within the President’s authority under the International Emergency Economic Powers Act (IEEPA) have been wildly diverse. Mass media headlines initially celebrated the “smack do...

livestock

Cattle on Feed Report: Bullish Outlook

USDA’s monthly cattle on feed report was released Friday. The total number of cattle on feed in feedlots with 1,000 head or more capacity was 11.5 million head, unchanged from last month, but 98 percent of last year. Marketings totaled 1.63 million head, or 87 percent of last year, in li...

livestock

IEEPA Tariffs Struck Down, Outlook for Livestock and Poultry

The U.S. Department of Agriculture (USDA) Agricultural Outlook Forum is taking place this week, covering key agricultural topics, unveiling the 10-year long-term baseline forecast, and providing commodity outlook updates. Further, the U.S. Supreme Court struck down the International Emergency E...

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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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