World Perspectives

House Ag Committee Changes Not Yet Settled

The new House Democratic majority is in the process of making committee assignments, and the new chairmen are outlining their panels’ agendas. However, it appears that there is more up in the air than settled with the House Agriculture Committee (HAC). Meanwhile, what is known so far are Chairman Collin Peterson’s (D-Minnesota) following plans for the subcommittees: The Conservation and Forestry subcommittee will add energy to its jurisdiction. The Commodity Exchange, Energy and Credit subcommittee will lose energy policy jurisdiction but gain rural development. The Nutrition subcommittee will effectively become the old Department of Operations and Nutrition (DONUT) subcommittee again, which it had been prior to 2015. Re...

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Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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