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More on WOTUS Rule

While the U.S. EPA and Army Corps of Engineers claim that jurisdictional water bodies are easily defined, a number of issues remain.Yesterday we wrote about the status of the Waters of the United States (WOTUS) wetlands rule from the U.S. EPA and the Army Corps of Engineers, the potential effects of the current version and the efforts to modify it. A Senate Agriculture Committee meeting was previously convened to consider the matter.Below are some examples of issues that groups have with the regulation:Legal: The proposed rule purports to clarify the agencies' regulatory jurisdiction under the Clean Water Act (CWA), based on rulings of the United States Supreme Court in United States v. Riverside Bayview Homes, 474 U.S. 121 (1985), Solid Wa...

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Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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.

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