Both houses of Congress were back in session last week; the House is scheduled to be in until 30 September and the Senate until 26 September. Congress will then break for October, leading up to the November elections. That means there are less than six days of votes left before the recess. Note, Congress will recess – but not adjourn – at the end of the month, implying there will be a lame duck session after the elections. If party control of either house changes, that could affect what would be brought up for consideration. Both houses are tentatively scheduled to come back around 15 November. One thing that will be dealt with during the lame duck session is federal spending; the end of the fiscal year is 30 September, and the...
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.