One Sided Equation Canada and Mexico are America’s largest trading partners. U.S. exports of row crop commodities have benefited from the USMCA, as highlighted by Mexico’s retraction of its proposal to ban GMO corn, and main line U.S. agricultural groups lined up last week at the USITC to recommend a 16-year extension of the trade pact. But to the Trumpian ear, these groups only saw one side of the equation, U.S. exports. These groups understandably want their good times to continue to roll but they fail to address the elephant in the room. The U.S. trade deficit with Canada and Mexico worsened under USMCA. It worsened even more in agriculture. It can be, and it is argued that trade deficits do not matter. But that does no...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.