The U.S. Department of Commerce yesterday announced that it had reached preliminary terms with Mexico and its sugar exporters. If these are finalized, it would suspend the anti-dumping and countervailing duties set to go into effect next week.Last spring the U.S. sugar industry filed anti-dumping and countervailing duty petitions against Mexico. According to U.S. producers, the growth in Mexico's exports to the U.S. is being fueled by substantial subsidies and dumping margins of 45 percent or more.In April, the U.S. Department of Commerce initiated an investigation to determine if the Mexican government has subsidized that country's sugar production and whether the sugar is being dumped into the U.S. market. As a result of its first finding...
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...
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.