USDA’s GIPSA rules have been released, as promised, before President Obama leaves office. The rules have 60-day comment periods, which will expire in February and leave the ultimate decision to a new USDA under the incoming Trump administration.Yesterday USDA’s Grain Inspection, Packers and Stockyards Administration (GIPSA) released its rules on livestock marketing and contracting as required by the 2008 Farm Bill. They were released in three parts: an interim final rule and two proposed rules that were collectively known as The Farmer Fair Practices Rules.This matter has been particularly contentious since 2010 when GIPSA first proposed a rule under the language provided by the aforementioned farm bill. Many producer groups and most meat i...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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.