Rational Trade Dependence Global trade has begun to rebound but there remains a great deal of misunderstanding about its economic role. President Donald Trump has spent his time in office decrying American dependence on what he perceives as imbalanced terms of trade. Australia may now believe that it too became overly reliant on the Chinese market for its exports. China is retaliating against Canberra’s foreign policy opposition to Beijing’s aspirations in the South China Sea and Hong Kong, and the coverup of -19 infections. Vietnam’s economy came screeching to a halt due to its heavy export-dependence, which the U.S. now claims was achieved in part via currency manipulation. There is also an overreaction in the op...
What You Need to Know Today: Funds remain in control of the market, which means broadly bearish trade for the ag sector. Monday’s massive corn export sale to Mexico helped trigger some short covering and a bit of other end-user buying in corn, which could help stabilize the market. Wheat...
With less than 24 hours until Election Day, control of the Senate remains a wild card. Republicans and Democrats alike say they are poised to win control of the chamber in the new Congress that starts in January 2027. The House of Representatives is more of a lost cause for continued Republican...
Key Takeaways: U.S. hog and pork prices have declined sharply, with December lean hog futures ending October at $58.875/cwt and the pork cutout reaching its lowest level since January 2021. Seasonal increases in hog slaughter and pork production have contributed to price weakness, although the...
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.