In the U.S., there have been winners and losers under NAFTA, much as there have been in Mexico and Canada. That is the nature of trade. Perhaps the biggest winners in all three countries have been consumers.During his presidential campaign, candidate Donald Trump often characterized the 23-year-old North American Free Trade Agreement (NAFTA) with Canada and Mexico as a disaster for the U.S. He declared that he would withdraw the U.S. from the trade pact if elected, claiming that it cost the country jobs and caused a huge balance of trade deficits with both Mexico and Canada. Mr. Trump’s opinions about NAFTA were consistent with his “America First” views, distrust of international trade agreements and populist fears of globalization. After b...
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...