Carbon War Uncertainties USDA Climate Advisor Robert Bonnie is an enthusiastic cheerleader for agriculture both leading and benefiting from the effort to control carbon emissions. He acknowledges that it is not going to be easy, that there are numerous technical issues to resolve, yet somehow sees opportunity in the fact that agriculture’s emissions exceed its sinking by five to one. He references carbon banking but even USDA does not know how to do it and so is soliciting public input. Meanwhile, sequestering carbon is not even the goal of progressive Democrats. They oppose a carbon tax under the contention that it is regressive and will hurt poor people worse. Meanwhile, moderate Democrats worry that a tax on carbon will be...
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.