World Perspectives

Charting a New Course; Economic Wake

Charting a New Course Former Vice President and now Democratic presidential candidate Joe Biden said this week that President Trump’s trade war tariffs have only hurt American businesses and consumers. However, the U.S. Federal Reserve says the trade war has contributed to a manufacturing slump in many advanced economies, and the flow of goods has slowed. The war is having one effect sought by Mr. Trump, and that is the realignment of supply chains. Such realignment takes time, and there is a slump as the boxes get rearranged. American agriculture leaders are now starting to discuss the long-term damage to the farm commodities as China switches to more permanent sourcing from South America. The investment in the current mass row cro...

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Farm Bill and Prop 12 Federal Preemption

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WPI Crop Progress and Conditions App (Updated 15 April)

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Summary of Futures

May 24 Corn closed at $4.315/bushel, down $0.04 from yesterday's close.  May 24 Wheat closed at $5.5175/bushel, down $0.0425 from yesterday's close.  May 24 Soybeans closed at $11.5825/bushel, down $0.1575 from yesterday's close.  May 24 Soymeal closed at $338.5/short ton, down $...

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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.

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