The 2022 mid-term Congressional elections are three weeks from today. There is a lot of prognostication about the potential outcome, more and more of it predicting a change in party control of the House of Representatives. The current 50/50 split Senate is expected to come down to the wire; the Democrats could get outright control no longer having to rely on the tie-breaking vote of Vice President Harris, or the Republicans could win a majority. Either way, the margin is so tight that a two-seat majority is the outer bounds. A continued 50/50 split is also a distinct possibility. A change in party control would mean changes to the Agriculture Committees. With the 50/50 split, seats on the Senate Agriculture Committee are split equally betw...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.