Playing Fair in Wheat and Cars: Japanese officials say they are blocking U.S. white wheat as a "precautionary" measure because they don't have a way to inspect for the glyphosate-resistant gene -- the same gene they've been importing and testing in soybeans for many years. This faux argument ought to be met with a U.S. trade negotiation pre-requisite that signatories to the Trans-Pacific Partnership cannot use the precautionary principle. In April of this year, as happens many times each year, Japanese automobile manufacturers recalled almost 3.4 million vehicles worldwide for defective air bags that reportedly can harm passengers with flying shrapnel. Since there is no way inspectors can detect all defects in imported automobiles, the pr...
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...