As if the terms of the Phase One trade deal with China has not generated enough questions for the market, it is indirectly sparking some more speculation about whether USDA will issue a third round of Market Facilitation Program (MFP) payments. The concept behind the MFP was to help tide farmers over during the trade uncertainty. Now, with USMCA half way through the U.S. Congress, a Japan agreement, and a China deal to sign will MFP have one last hurrah, or will it be eliminated. USDA will be making its decision any day now, as the process will need to commence in the early part of January, if the program continues. Top indicators will be: Finalized Trade Agreements: We have only one (Japan) in the bag, which starts 1 January. The Ch...
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
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.