World Perspectives

OMB and Ag Antitrust Agenda

In addition to the Secretary of Agriculture and the U.S. Trade Representative, the Director of the Office and Management and Budget (OMB) is one of the most impactful cabinet level officials for U.S. agriculture. While there is still speculation about President-Elect Biden’s appointments for USDA and USTR, he has named his nominee for the OMB, Neera Tanden. She is currently the president of the think tank Center for American Progress (CAP). CAP’s self-described mission is to promote “… bold, progressive ideas” and it has already listed 250 actions for the first 100 days of the new Administration. OMB, in addition to overseeing and coordinating an administration's financial management, procurement, and informa...

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Jul 24 Corn closed at $4.5075/bushel, up $0.04 from yesterday's close.  Jul 24 Wheat closed at $5.9925/bushel, down $0.04 from yesterday's close.  Jul 24 Soybeans closed at $11.7025/bushel, up $0.0725 from yesterday's close.  Jul 24 Soymeal closed at $349/short ton, down $2.9 fro...

feed-grains soy-oilseeds wheat

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Food is First Victim; Energy Confusion

Food is First Victim Food comprises just 6 percent of all U.S. exports, but it is the first to receive retaliation in trade disputes. The latest example is Israel’s war with Hamas, though it is American food brands that are taking it on the chin. KFC has had to close 100 outlets in Malays...

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FOB Prices and Freight Rate App (Updated 1 May)

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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.

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