A survey of American attitudes toward biotech food by the global research company NPD Group sends a warning and a message of opportunity. Lame Duck Honesty Senate Finance Committee Chairman Max Baucus (D-Montana), soon to be ambassador to China, has proposed a refreshing rewrite of energy tax policy. He correctly notes that, "Our current set of energy tax incentives is overly complex and picks winners and losers with no clear policy rationale." In short, current policy that involves 42 different incentive programs is the result of special-interest lobbying rather a rational, technology-neutral approach.Ethanol interests immediately praised the change under the impression that incentives focused on clean energy will inherently favor them...
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.