IPEF Reality President Biden’s launch of the Indo-Pacific Economic Framework is a confusing mess but is unlikely to be what the Chinese are calling “a strategy for destroying peace.” This CPTPP-lite plan talks about trade using the same language as CPTPP: “free, open, fair, inclusive, interconnected…high-standard…free and fair trade,” but the focus for increasing trade links is on nontariff barriers that are difficult politically for countries to remove and easy for them to restore. Especially when there is no mention of an enforcement mechanism. The Chinese say it is destined to fail but the bar for success if already is low. Moreover, it would effectively be meaningless if Singapore succeeds in...
Accountability and a comprehensive approach to export programming
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.
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...