Creating Farm Labor Shortage Bipartisanship in the U.S. Congress has not increased much since the departure of the divisive Mr. Trump, but agriculture continues to be one area of mutual trust. Next up is a narrow bill in the House next week that would provide a pathway for otherwise illegal farm laborers to achieve citizenship. It will also make adjustment to the H-2A farm worker temporary visa program, and toughen requirements for employers using the E-Verify program that verifies the authorization to work in the U.S. With over half the labor being illegal in some parts of U.S. agriculture, making the H-2A program work more easily is a desired outcome. However, creating a pathway to citizenship could cause a longer-term shortage of farm l...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.