Upstaging Agriculture Just as the Trump administration has a unique penchant for bilateral trade agreements, believing they provide the U.S. with greater leverage than in plurilateral negotiations, it has struck new ground in pursuing “staged” negotiations with Japan and Europe. The agriculture component of the U.S.-Japan trade negotiations is already baked since President Trump and Prime Minister Abe agreed to limit it to the levels of prior Japanese commitments in the Trans-Pacific Partnership (TPP) and the Japan-EU agreement. However, there is U.S.-EU disagreement as to whether agriculture should even be included in a transatlantic trade negotiation. One “solution” is USTR’s proposal to negotiate with the...
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: 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...