Indian Prime Minister Narendra Modi is certainly not going to allow Trade Faciitation (TF) to move forward without the WTO green light to subsidize India's farmers and stockpile food. Is taking the TF agreement to the brink of collapse an overreach by India? Will other countries make the concessions demanded by New Delhi? India's Bounty U.S. Secretary of Commerce Penny Pritzker is new to foreign affairs, but her agency's career staff is not, which makes curious her statement in New Delhi about Trade Facilitation (TF). After expressing disappointment, she then reportedly said that she remained "optimistic" that India would change its position and allow TF to move forward. Prime Minister Narendra Modi is certainly not going to allow TF to m...
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: 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...