Bipartisan USTR President Biden is said to be likely to name long-time aide Sarah Bianchi as Deputy USTR. Bianchi’s closest work in trade involved serving as Deputy Assistant to President Obama for Economic Policy. While other Biden appointees have faced confirmation challenges due to harshly partisan rhetoric in the past, Bianchi compared the impeachment of Trump in 2019 to the previous impeachment of Bill Clinton, describing it as a potential hindrance to achieving other legislative goals such as prescription drug pricing legislation and the USMCA. She expressed concern that it would just further polarize the country. She was concerned about alienating moderate, middle of the road voters. USTR Katherine Tai was confirmed to her pos...
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.