Folly of Anti-Big A Washington Insider report states that a study by the Environmental Working Group (EWG) reveals that the Trump administration ‘aimed its “bailouts” increasingly to the nation's biggest farms.’ It correctly claims that 1 percent of farms received 23 percent of the benefits from trade war and COVID relief packages. Payments were based on financial risk. The group is supposedly watching the Biden Administration to see how it handles this issue of equity. Their charge is consistent with complaints that the rich get the largest share of tax breaks. The rich pay most of the taxes and the largest farms produce most of the food. For many decades, the stated goal of American farm policy has been to...
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...