U.S. President Joe Biden has been busy in Europe this past week and the results are a mixed bag of tricks. Boeing-Airbus Dispute: The two sides will withdraw punitive tariffs on each other’s goods for five years. Tariffs are generally bad and this is an especially good deal for the EU since it faced 87 percent more punishment from the U.S. than it could impose on American goods. The commitment to find a legal solution to the dispute rings hollow since the two sides have failed at that chore for the past 17 years. The real focus is on a joint industrial policy to beat China at large aircraft manufacturing. An effort to develop global disciplines on aircraft subsidies likely gets blocked by China. An especially silly agreement is that...
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.
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...