It is now six days since the midterm elections, and several races still aren’t settled, including a few in the Senate of interest to the ag and food sector. Ballot counts continue in the Arizona race with a recount underway for the seat in Florida. Meanwhile, House Representative Kyrsten Sinema has taken a lead in Arizona and is likely to flip that seat, currently held by Republican Jeff Flake, to the Democratic column. There are about 215,000 votes left to count, all in counties where she has an advantage in terms of the number of likely Democratic voters. In Florida, the recount will determine whether current Republican Governor Rick Scott flips the Democratic seat now held by Bill Nelson. Scott presently has a 12,562-vote lead, wh...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...