On his trip to Asia, President Biden announced the Indo-Pacific Economic Framework (IPEF) for Prosperity, along with 12 countries in the region. The plan is structured to 1) establish rules governing trade in digital goods and services, 2) create commitments regarding supply chain to eliminate bottlenecks and develop early warning systems so problems can be identified before they occur, 3) establish pledges among participating countries to clean energy and decarbonization, and 4) end tax havens and corruption. For the past year-and-a-half, there has been a lot of speculation, educated guessing, and lobbying on the Biden trade strategy. Bilateral agreements, a priority of the Trump Administration, have largely been shelved – as...
What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
In yesterday’s WASDE, USDA reduced its overall red meat and poultry production forecast for 2026 as declines in beef and broiler output more than offset increases in pork and turkey production. Fourth-quarter beef production was revised downward because of slower fed cattle marketings and...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...
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.