Future Foretold The University of Chicago’s Booth School of Business surveyed almost 50 top economists from the leading American universities for a forecast of where current events are leading us. First, few believe there is a viable competitor to replace the U.S. dollar as the lead reserve currency despite Washington’s use of it as a weapon. A large majority believe that Western sanctions will send Russia into a deep recession. A majority believe that the EU will slip into recession if it rejects Russia’s oil and gas. Notably and despite this likelihood, the EU has pledged to cut Russian gas imports by two-thirds by year end and a large contingent of politicians headed to the information European Council meeting t...
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.