Today was apparently the 25th anniversary of Africa Industrialization Day, but the Brookings Institute's John Page notes that while Asia advanced its own industrialization through a focus on exports, Africa's has been stuck at the same 10 percent level for decades Killing the Golden Goose A 40-page report by the U.S. Senate Permanent Subcommittee on Investigations criticizes the involvement of banks in physical commodity markets, claiming they bring unfair advantage while simultaneously exposing themselves to "catastrophic risks." Of course a person crossing the street is exposed to potential catastrophic risk, and CFTC Commissioner J. Christopher Giancarlo worries regulation will drive bank sales personnel overseas. Meanwhile, former Gol...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...