Formalizing Protectionism The EU’s 27 farm ministers are headed to Brussels on Wednesday ahead of the EU’s formal signing of a trade agreement with Mercosur on 12 January. France has already announced its support for the trade agreement with South America provided Brussels approves its stance that food imports must have no chemical residues for pesticides unapproved for use in Europe. It doesn’t matter that the pesticides may be safe or efficacious. Meanwhile, geographic indicators worked so well in indoctrinating local only food consumption that the idea may be applied to industrial goods. Separately, Mexico is said to be reapplying tariffs on staple foods to favor local suppliers, and Indonesia has a total ban on imports...
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.
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...