India is the world’s ninth largest agricultural exporter. The Biden Administration wants to negotiate with India on agricultural trade access, but New Delhi has a good thing going. Its agricultural trade surplus with the world has been growing, and more than a third of the reason is trade with the U.S. In 2022, the U.S. sold India around $2.5 billion in agricultural products. Mostly non-competing tree nuts ($1.022 billion), cotton ($520 million) that gets reimported as value added textiles, ethanol ($301 million) and vegetable oil (290 million). India sold the U.S. $6.9 billion in agricultural goods, dominated by spices, essential oils, vegetable oil, rice, tea, and processed fruits and vegetables. ...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
The overarching concern for China is that the rising cost of energy will reduce global trade demand at the same time that countries are becoming more protectionist. Trump Visit to China President Trump’s visit to China is in just over two weeks, though some question whether the trip...
The House will vote on the farm bill this Thursday. This afternoon, the House Rules Committee is meeting to consider the rule for the House’s consideration of the farm bill, specifically determining which amendments can and cannot be offered. There are a number of controversial amendments...
Anxiousness and Petulance The U.S. war with Iran has come down to endurance. Washington sees Iran getting squeezed as the blockade eventually causes Iran’s whole oil system to back up and be forced into shutdown. It is estimated that Kharg Island’s storage will be capped out in 12&n...
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.