Lucy Please No One In the cartoon Charlie Brown, Lucy would always remove the football just before Charlie Brown tried to kick it. In the case of EV vehicles, President Biden is Lucy as trading partners expected him to open up EV tax credits to them, but Treasury’s regulatory notice today did not. This is different than the battery minerals component but Europe and Japan no doubt see this as a raid on their manufacturing base. President Biden has announced that labor unions are essential to democracy and the United Autoworkers Union is amongst his biggest supporters. The announcement was not so much a surprise as a disappointment. Meanwhile, Republicans on Capitol Hill are saying the EV tax credits are unconstitutional. In short, no...
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.