Prop 12 Challenge When the U.S. Congress passed Affordable Care Act (Obamacare) in 2010, the Vice President Joe Biden declared it a “big [expletive] deal.” U.S. livestock producers now believe it is a big expletive deal that the Supreme Court has agreed to hear their complaint against California’s Prop 12 dictating hog production methods. The Humane Society says it is confident the Court will uphold the right of individual states to enact laws protecting animals and public health and safety. Farmers say it is a violation of the Commerce Clause that holds only Congress can regulate interstate commerce. They also note that the California pig raising requirement is arbitrary and not based on any science. The case is a big ex...
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.