Yesterday, WPI reported that several commodity organizations were in Washington to lobby on the farm bill. One of those groups was the National Pork Producers Council (NPPC). One of the solutions they’re seeking is preemption of California’s Proposition 12 and Massachusetts’ Question 3. Producers report that costs of production for compliance is up, but the main argument is what happens when the next state adopts such a regulation, or a regulation on other commodities. A version of the Ending Agricultural Trade Suppression (EATS) Act, which challenges California's Proposition 12, has been incorporated into the House Committee on Agriculture's version of the farm bill. The language in the House Committee passed bill...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.