Do versus Say I Likely echoing the government’s Office of Management and Budget and an earlier interagency agreement, USDA Secretary Sonny Perdue and other officials warned that farmers should not expect a continuation of the Market Facilitation Program payments started last year in response to the trade war. After all, approval of the USMCA and Phase One trade deal with China obviated the need for such compensation. Meanwhile, WPI reported comments from agriculture sector lobbyists that payments are never cut in presidential election years. Sure enough, President Trump announced today via Twitter that, "If our formally targeted farmers need additional aid until such time as the trade deals with China, Mexico, Canada and others fully...
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...