World Perspectives
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Congress Passes Major Fiscal Package

The House followed the Senate in passing a bill that funded the government, provided hurricane relief and addressed the debt limit. However, this is only a temporary solution until December.Today the House of Representatives passed an amended Reinforcing Education Accountability in Development Act (READ) by a vote of 316-90 after passing an earlier version in January. It pertains to enhancing the transparency and accelerating the impact of foreign aid intended to promote quality basic education in developing countries. The bill was passed in the Senate yesterday (80-17) after being amended to address the following three critical items:

Hurricane Harvey disaster relief Suspension of the debt ceiling Continuing resolution to fund the gov...

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Poultry Production Rebounds on Heavier Weights

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feed-grains soy-oilseeds wheat

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Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close.  May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close.  May 26 Soymeal closed at $315.2/short ton, down $3 fr...

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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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