U.S. – China Tea Leaves Under the Phase One agreement, U.S. exports of goods to China this year were supposed to increase by 36.6 percent over the base year of 2017. Instead, they are down nearly 6 percent in the first four months of this year compared to 2019. U.S. agricultural exports to China were down 45 percent in the first quarter of this year compared with the first quarter of 2017. Notably, sales to China of U.S. manufactured goods like vehicles are even further behind. Interpreting the meaning of the two sides’ statements below following yesterday’s phone call does not sound encouraging. Chinese Vice Premier Liu He: The two sides agreed to: "create a favorable atmosphere and conditions" for the Phase One deal "...
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...