Recent developments impacting the U.S. energy sector have changed the dynamic of the global market. This will likely lead to the U.S. becoming a net exporter of energy for the first time since 1953.According to the S&P Goldman Sachs Commodity Index (GSCI), prices in the energy sector rose 48 percent from 4 January to 30 December 2016, leading the growth in commodity prices. Crude oil was at a 13-year low in January and February 2016; for context, that period includes the aftermath of the 9/11 terrorist attacks on the U.S. when air travel and other types of fuel use had not yet fully rebounded. Fast forward to last year when developing countries experienced renewed economic growth as the U.S., China, Canada and Venezuela slowed their com...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...