Courts to Trump EO A new Executive Order (EO) by President Biden is easy politics but difficult law. The order will supposedly allow livestock producers to sue packers without proving injury, a rehash of an Obama Administration policy that met an ill fate in the courts. It will also allow farmers to repair their own equipment without violating the manufacturer’s warranty requirements. Every new automobile sold has judiciary upheld covenants on how a vehicle is treated by its owner to stay within compliance of the warranty, and farm equipment manufacturers will win this right as well because an EO has lower credence than a law passed by Congress. This EO is low hanging political fruit. The White House gets applause for trying to help...
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.
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...