With China’s economic data scheduled to be released tomorrow, the U.S. has made yet another round of adjustments to the pending 10 percent tariffs on additional imports from that country. When the bilateral trade talks broke down in May, President Trump announced that he’d proceed with new tariffs on $300 billion worth of Chinese imports. A list of those products was published on 17 May, and, the president announced on 1 August that the duties would go into effect on 1 September. Today, the U.S. Trade Representative (USTR) announced that some products would be exempted based on health, safety and national security considerations. Other goods that are mostly imported (75 percent or more) from China will be exempted until 15 Dece...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
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.