GMO versus GHG Vietnam has delayed its decision to ban glyphosate into 2021 but Thailand has maintained its ban, which is adversely impacting U.S. commodity shipments with any residues. American officials are pressing their Thai counterparts to use science-based standards, but it is unclear how much Bangkok is influenced by the earlier withdrawal by Washington of $1.3 billion in Generalized System of Preferences (GSP) preferences. The U.S. charges Thailand with failure to protect worker rights. Meanwhile, it is also being argued that without glyphosate and other herbicides, farmers are unable to use no-till approaches and thus the Thai position will result in worse greenhouse gas emissions and thus worse global climate change. State versu...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.