The markets have pummeled the British pound in the wake of the UK decision, but the EU has some reasons to fear Brexit as it is losing one of the stronger economies from its union.In a surprise to pollster and pundits, United Kingdom voters opted to leave the EU. Indeed, contrary to the voters, the three major parties in the UK Parliament were supporting the Remain position. In fact, one of the political leaders of the Leave movement, Nigel Farage, issued a press statement after the polls had opened that he surmised his cause would lose. As a result of the outcome, markets have been roiled, British Prime Minister David Cameron has resigned, conservatives in Italy are advocating an exit from the EU, and the independence movement in Scotland...
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.