China Phase One Trade Deal and Proteins President Trump and Vice Premier He signed the Phase One China trade deal yesterday. As had been widely expected, China’s commitment is an aggregate marginal increase of $32 billion in total ag purchases over the next two years. This increase would be based off of 2017 (pre-trade war imports) of $24 billion. The $40 billion per year in total ag purchases mentioned in the press is the $16 billion annual average added to the $24 billion baseline. However, as revealed in the text of the agreement released yesterday, China’s actual commitment was an increase of $12.5 billion in 2020 and $19.5 billion in 2021 (totaling $32 billion over the two-year period). The reason for the larg...
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...
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.