Past is Prologue Jeffrey Garten is a Yale University dean and a former official in four different U.S. administrations. His latest book, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, covers the past but is applicable to the global economy today. Like the global economic crisis in the early 1970’s, today’s dislocation involves the dollar. By the 1970’s, Europe and Japan had become a significant share of the global economy, but the dollar remained tied to gold and made the U.S. uncompetitive. The trade deficit was exploding. Once again, the global economy has outgrown the policy foundation. Garten quotes then Treasury Secretary John Connolly making the Trump like remark, “Let&r...
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...
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.