First Meat, Now Beer The Biden Administration has found its bogey men when it comes to inflation, and it is Big Ag. As stated earlier by White House spokesperson Jen Psaki, “The President, the secretary of agriculture have both spoken to what we’ve seen as the greed of meat conglomerates.” Their solution is subsidies for small meat packers. This week’s target is the conglomerates selling beer, wine, and spirits. Despite an admission that the past decade “has spawned thousands of new breweries, wineries and distilleries,” the Treasury Department said it will scrutinize merger and acquisition activity, address tax rates and regulatory requirements. In fact, it has been the explosion of small breweri...
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.