There are 56 days until the 2020 elections. In addition to the Presidential election, all 435 seats in the House of Representatives are up for consideration, and 33 Senate seats plus one special election in Georgia. (Due to the resignation of Senator Johnny Isakson, both of Georgia’s Senate seats are contested this year). Regardless of the election outcome, there will be changes in the leadership of the Congressional Agriculture Committees. Senate Agriculture Committee chairman Pat Roberts (R-Kansas) and House Agriculture Committee ranking Republican Mike Conaway (R-Texas) are both retiring. If Democrats win control of the Senate, Committee Ranking Democrat Debbie Stabenow (D-Michigan) would again become chairperson as she was from 2...
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...
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.