This Thursday is when that the Federal Reserve's Board of Governors meets next to determine whether or not it will raise interest rates. However, market fundamentals will remain the same even if it does.This Thursday is when that the Federal Reserve's Board of Governors meets next to determine whether or not it will raise interest rates. There's been speculation over this meeting since the beginning of the year, which means almost nothing in the end. Let's put it in perspective. The last time the Federal Reserve increased the federal funds rate was in August 2006 when it was raised to 5.25 percent from the 5 percent target rate set in June of that year. The target rate then dropped to 0.25 percent in December 2008 and has remained there eve...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
From WPI Consulting
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.