Policy Retribution California is big, wealthy and has a great climate, everything that would create jealousy from other states. Then Sacramento makes the situation worse by exporting its politics to other states. State funds cannot be used on other states whose policies are anathema to the legislature. It mandates its own automobile standards and has now extended its own prescriptions to food produced in other states and brought into California. It could be the tide is turning against its arrogance. Already it has been suffering from an exodus of people seeking greater affordability. Now drought is defining the state’s future. Environmentalists say that climate change is the cause of the current extreme heat in the west, and n...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
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.