China Buys Pork amid Outlook for Bigger Trade Agreement While the U.S.-China trade talks continue, the most recent weekly export sales report from USDA shows that China was back in the market for U.S. pork for the week that ended 7 March.Net pork sales totaled 50,300 MMT with 47 percent (23,800 MT) destined to China. Other buyers included Mexico (8,900 MT), Japan (4,500 MT), Canada (2,900 MT) and Colombia (2,100 MT). Nicaragua cancelled a 200 MT shipment. The politics and posturing prior to the meeting between Presidents Trump and Xi, now said to be pushed back until next month at the earliest, has ramped up of late. President Trump has said there will be no final deal unless intellectual property (IP) protection is a part of it. He did n...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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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.