One country's strategic interest is another's free enterprise.One of the challenges for U.S. Trans-Pacific Partnership (TPP) trade negotiators is achieving disciplines on the state-owned enterprises (SOEs) that exist in most countries. The concern is less in areas where there are so-called "natural" monopolies, such as railroad systems, than in the plethora of sectors where government proclaims a "strategic interest." One country's strategic interest is another's free enterprise. Even where SOEs have been privatized, though, there can be unfair global competition when businesses are allowed to collude.This is the situation in China where the Chamber of Commerce of Foodstuffs and Native Products has announced that its member companies have a...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.