Despite the bulk of all feed grains being grown in the Midwest, California has managed to dominate the nation’s dairy production. However, the state legislature is about to enact legislation that could reduce the dairy herd. Tax on Cow Flatulence Despite the bulk of all feed grains being grown in the Midwest, California has managed to dominate the nation’s dairy production. Ranking number one in cows and milk production, it produces 20 percent of all American milk and ranks second behind Wisconsin in cheese production. Averaging eleven times as may cows per farm as that state, California has accomplished this feat of dominance largely by the economic advantages of scale. However, the California legislature is now about to put a tax on cow...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.