Aid Dependency Many poorer nations are dependent of foreign aid, including food donations, but so are some agriculture groups. Because of the war in Ukraine, the Biden Administration announced an increase in foreign food assistance. This will include the extraordinary use of CCC subsidies to cover transportation costs for the food aid since normally the labor union-backed Jones Act causes a large percentage of food aid money to be used for U.S.-flagged vessel transportation costs. Also aided by the foreign assistance are domestic wheat growers since their commodity often stars in the aid package to the tune of around one million tons. To show their generosity, U.S. wheat growers said they “are ready again in this crisis to hel...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...