Now that the new infrastructure bill has been signed into law, we almost know what is in it. While it is called an infrastructure bill, a little over a quarter of the new spending will be for environment improvements. The agriculture sector is pleased with the investments to be made in rural broadband, roads, waterways, and ports. Most of the railroad spending is for passenger rail. While the investments are needed and welcomed, it is notable that the World Bank classifies North American port infrastructure at the top, it also leads the Logistics Performance Index, and is well ahead on internet servers. Meanwhile, the legislation will add $350 billion to the budget deficit. Infrastructure $110 billion for roads and bridges $3...
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.
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...