There is new economic data out showing that the economy is not destined for a recession (near term, anyway). The impact of increased interest rates may just delay a recessionary period until next year. Orders for durable goods were released today. Most categories were up, including metals, industrial machinery, computers and electronics, autos, and defense aircraft. Commercial aircraft orders were down. Overall, durable goods orders are above the pre-pandemic high of February 2020 – right before the COVID lockdowns. This is a positive trend for GDP growth. Technically, a recession is two consecutive quarters of negative growth. The Q1 GDP was down 1.5 percent, and right now, the Federal Reserve Bank of Atlanta’s GDP &ldq...
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.