Turkey is seeking changes to its customs union with the EU. Industrial goods are currently covered, and there is talk of possibly adding agricultural products, which could affect its grain shipments from certain countries. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Turkey is seeking changes to its customs union with the EU. Industrial goods are currently covered, and there is talk of possibly adding agricultural products, which could affect its grain shipments from the U.S. as well as Black Sea countries. Turkey has also stated that a free trade agreement with the UK would go into effect on the day that Brexit became final.The USDA-FAS Export Credit Guarantee Program (GSM-102) has given Turkish banks approval to transact busines...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...
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.