A larger problem for the TPP is that even the pact’s supporters in the U.S. (the business community) have mostly endorsed it with the caveat that it needs some fixes. Now the pork industry is becoming lukewarm as it sees Japan taking certain measures. TPP’s Challenges A report jointly produced by the World Bank and the Peterson Institute for International Economics on the impacts of the Trans-Pacific Partnership (TPP) will be used by both American supporters and opponents of the trade agreement. On one hand, it shows U.S. exports growing 0.4 percent by 2030, a faster rate than at least four other signatory countries, but on the other, it has the overall American economy gaining the least growth overall. The latter is largely the result of...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.