As we previously reported (6 July), the U.S. Court of Appeals for the DC Circuit struck down the Trump Administration EPA’s decision to provide a waiver for year-round E15 sales, and we noted that “biofuels groups have said that “every legal, regulatory and legislative option” would be pursued.” As of now, the legislative route is being charted first. A legislative change to the Clean Air Act has been introduced - The Year-Round Fuel Choice Act. It’s a bipartisan bill in both the Senate and the House sponsored by Senators Deb Fischer (R-Nebraska) and Amy Klobuchar (D-Minnesota) and Representatives Adrian Smith (R-Nebraska) and Angie Craig (D-Minnesota). Last year was the largest annual decrease in...
What You Need to Know Today: Corn and soybean futures were lower to open the week, with funds still in control and in a selling mood. The upcoming WASDE report on Tuesday is also likely to feature larger corn and soybean stocks, which helped put grain futures on the defensive. Wheat futures we...
Key Takeaways: Currency exchange rates influence agricultural export competitiveness and producer profitability, even when underlying commodity prices remain unchanged. A weaker domestic currency allows agricultural exporters to receive more local currency for dollar-denominated sales, potenti...
Although inflation has remained elevated since the post-COVID surge, it steadily moderated until the past year. More to the point, today’s inflation looks very different from 2022, when the Consumer Price Index (CPI) peaked at 9 percent. During and after the pandemic, the M2 money supply...
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.