There have been conflicting reports regarding whether Brazil’s soybean sector has asked the government there to file a WTO complaint against U.S. soybean subsidies. However, any such action is unlikely to benefit Brazilian farmers for several reasons. Brazil's Potential WTO Challenge Against U.S. Soy There have been conflicting articles in the media regarding whether Brazil’s soybean sector has asked the government there to file a WTO complaint against U.S. soybean subsidies. Last week Reuters reported that the Brazilian soy industry association APROSOJA had formally done just that, alleging that the subsidies to soybean farmers in the U.S. are costing those in Brazil about $1 billion in lost income. However, a Bloomberg article today ind...
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.