Wine Sovereignty In a three-page joint declaration, fifteen states want flexibility to expand their production and self-sufficiency in wine, beer, and cheese through coupled support programs. They urged that there should be no restrictions and want “flexibilities… [and] not be required to demonstrate that the productions of wine, beer and cheese, or a mix between them encounter difficulties in order to grant them coupled income support.” The officials said this is a “way of effectively addressing many of the environmental and climactic challenges that American agriculture is facing.” They argued this will bring new economic opportunities for American farming. One leader declared that, “If we want to ac...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...
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.