The marathon trilogue negotiations between the European Commission, European Parliament, and the European Council failed to achieve agreement on revisions to the Common Agricultural Program. The failure is not surprising. The U.S. farm bill is written between just two legislative bodies, and it has been forced into simple extensions in the past. Successful new EU laws are impressive because of the larger political hurdles that must be navigated. As can be expected under the fatigue of near-round the clock negotiating, trilogue partners expressed frustration about each other in its aftermath. However, the farm lobby, Copa & Cogeca squarely placed blame on Farm Commissioner Janusz Wojciechowski, saying he was weak and lacked underst...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
The U.S. and Iran announced a framework peace deal. Crude oil futures dropped to $83.08, the lowest since early March. The breakthrough comes as President Trump said that if Iran failed to reach a deal, he would order renewed military attacks. An LNG tanker chartered by India’s Petronet c...
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.