Food Policy Confusion The White House announced that it will host the first conference on hunger, nutrition, and health in over 50 years in September. The conference is important because it is clear that a lot of policymakers in Washington see problems but do not understand the implications of their proposed simplistic solutions. For example, Senator Cory Booker (D-New Jersey) says the food system is broken because of concentrated agribusiness and the key is small and local/regionalized food systems. Because production is currently specialized based on agronomics, his proposal would reduce overall production and the variety of foods available. The White House says it wants to concurrently end hunger, obesity, diabetes and hypertensi...
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...