China Status Quo A piece in Bloomberg makes note that the White House has focused on other issues (voting rights, Build Back Better spending) but has said little about competition with China. President Biden continued the Trump Administration’s purchase agreement with Beijing but did nothing to enforce its obligations. He has also retained the punitive duties imposed on China by Trump, though some say they have lost their potency. Mr. Biden is now reportedly under pressure to do something about China’s unfair practices. Even Democrats like Senator Mark Warner (Virginia) says, “I’m not sure Biden has clearly articulated a China policy yet.” Former Trump official Kelly Ann Shaw is quoted saying, “To...
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.