World Perspectives

Article 1 versus 2; Whale of a Deal; European Breakaways

Article I versus 2 The Congress, as enumerated in Article 1 of the American Constitution, holds more powers than the Executive Branch as outlined in Article 2. However, for the sake of efficiency and speed of execution, the legislative branch has ceded authority over the years to the presidency. The two are at loggerheads on many issues, including tariffs and now agricultural research and food stamps. Imposing restrictions on the recipients of food stamps (SNAP) was ejected from the new farm bill signed into law today, but USDA Secretary Sonny Perdue has revised it administratively. Able-bodied, working-age adults will find it harder to get food assistance unless unemployment hits statistically higher levels. Separately, Democrats about to...

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Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

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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.

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