South Korea has agreed to allow the importation of fresh eggs from the U.S. after being previously banned, but it is doing so only after a severe domestic shortage developed. In truth, such bans are often economic rather than prophylactic in nature for three reasons. Avian Influenza = Easy Barrier South Korea has agreed to allow the importation of fresh eggs from the U.S., but it is doing so only after a severe domestic egg shortage developed from the slaughter of 30 million birds to control the spread of avian influenza. These imports were previously banned there following a similar outbreak in the U.S. In truth, such bans are often economic rather than prophylactic in nature since: 1) they typically involve low-pathogenic flu; 2) the co...
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.