If President Obama were of the mind to label China a currency manipulator, this week would have been the perfect opportunity. The Treasury Department was to release its semi-annual report on the topic of currency manipulation on 15 October. Instead, the Treasury announced that it would delay the report until after the election. The reason it gave for this decision was not that China's currency manipulation has become a hot campaign issue, but rather that the Department would need to attend a G-20 meeting next month and poll other finance ministers and central bankers on the topic.On the other hand, Governor Mitt Romney has vowed to label China a currency manipulator on "day one." The problem is that he won't get that chance until at least...
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.