Glyphosate on Steroids It only takes emotive-based fear to elicit demands for glyphosate to be banned so at least there is a fact-based rationale for COVID-19 restrictions. EU Trade Minister Phil Hogan tried to ride out criticism of his attendance at a golf club dinner but in the end, Brussels capitulated to intra-Irish politics and let him go. Participating in large indoor gatherings is among the higher risk behaviors when it comes to the disease and so perhaps his resignation was a necessary outcome. But through his five-year stint in EU policymaking, one always had the impression that he is competent. His departure is a loss for the EU and for its trading partners. Exceptional Food The G20 reported this week that COVID-related measure...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.