The U.S. Treasury Department’s annual report comes closer than any prior assessment in calling out key trading partners for currency manipulation. Name Calling on Currencies The U.S. Treasury Department’s annual report comes closer than any prior assessment in calling out key trading partners for currency manipulation. Following the so-called Bennett criteria imposed by the Congress on the White House, China, Japan, Korea, Taiwan and Germany pass two out of the three tests needed before Treasury would be forced to take stepped-up action. While campaigning for the high office in 2008, Barack Obama claimed he would address the problem. However, he only steps up the rhetorical attack now because his trade agenda and legacy are at risk to att...
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.
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...