Most GoogledOn Saturday, 23 November, the most Googled thing for those in U.S. agriculture policy circles was Brooke Rollins. Her name had not been amongst the 15 or so possible names mentioned in media reports to head USDA. A prominent name added to the list late last week was former U.S. Senator Kelly Loeffler. She had briefly served on the Senate Agriculture Committee and her husband, Jeffrey Sprecher, runs the Intercontinental Exchange. Instead, many in agriculture were scratching their heads over the weekend with Mr. Trump’s pick of Ms. Rollins. She grew up on a farm and studied agriculture at Texas A&M, but she has spent her career as a conservative policy advocate that rarely if ever involved agriculture. Of the half-d...
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.
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
New Trade Agreements U.S. and Indian officials say that bilateral trade negotiations are progressing on a comprehensive deal to expand earlier completed chapters on market access, NTBs and purchases. Prime Minister Narendra Modi has become more free trade oriented since consolidating his power...
Key Takeaways: Major meatpackers are seeing massive losses in their beef divisions, with cattle prices at record levels amid low inventories. Drought continues to persist in cattle-producing areas in the U.S. Cattle herd rebuilding is not at the levels needed to meaningfully raise total cattle...