World Perspectives

State Planning; Pesticide Cold Turkey

State Planning For years the term industrial policy was anathema to the Washington consensus that markets work best. Now USTR Katherine Tai is calling for a new industrial policy to match a transforming global economy. If you can’t fight the Chinese model and get Beijing to change, the U.S. is instead joining the central planning of the communist party. She also believes there is a compromise with trading partners on the new EV subsidies though the solution is unclear. The Biden Administration knows that green subsidies for solar enabled other countries to supply the cheapest solar panels available. But they want EV’s to be produced in the U.S., or at least only partially supplied by countries with which there is a free trade a...

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Thailand Soy Tariffs Update

Thailand’s market is now officially reopened to soybean and soymeal imports as the government has resolved a lapse in tariff policy that caused import duties to default to prohibitively high levels earlier this month. On 27 January, the Thai Cabinet approved the continuation of its market...

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Market Commentary: Weak Dollar Triggers Grains Rally; Wheat Breaks Major Resistance Levels

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soy-oilseeds

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Markets Not Government; Fueling and Building Cars; Middle Power Potential; EU Mimics China

Markets Not Government A common refrain from U.S. agriculture groups is that they prefer to get their income from the market than the government. Most of their income is derived from the market but it looks more romantic than real when one considers that government supplements determine the bre...

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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.

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