From a livestock perspective, the farm bill is notable for what provisions are not in it. Farm Bill Livestock Provisions From a livestock perspective, the farm bill is notable for what provisions are not in it. Two in particular, a ban on the Grain Inspection Packers and Stockyards Act (GIPSA) contract regulation language and the lack of language to ensure that USDA's regulation on country of origin labelling (COOL) is compliant with the WTO, led the major livestock and meat groups to send an 11th-hour letter to Congress in opposition to the farm bill. The letter stated in part:We are struck by the fact that a sensible resolution was not achieved for the GIPSA and MCOOL issues, and therefore, we will actively oppose final passage of the F...
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.