There was a lot of activity last week in preparation for the upcoming United Nations climate meeting to be held in Glasgow, including a new U.S.-EU methane reduction agreement outline and a discussion among the G20 ag ministers about climate and ag policies. First, on Saturday, the U.S. and EU announced the Global Methane Pledge, which covers abatement and mitigation efforts for oil and gas, coal, landfills, and of course, agriculture, specifically animal ag. The pledge has a collective goal of reducing global methane emissions by 2030 by at least 30 percent from a 2020 baseline level, through “additional domestic methane reduction and international cooperative actions.” The best news is that the efforts do not include reducing...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.