Good USMCA Vibes The chief deputy Democratic whip in the U.S. House of Representatives, Henry Cuellar (Texas), said that Congress will pass the USMCA this year, and believes a number of Democrats will support it. Meanwhile, the Senate Finance Committee will hold its first hearing on the agreement on 3 July. There is still a segment of House Democrats that will never support USMCA regardless of its substance, but the agreement has likely gained support due to Donald Trump. When he threatened to quit NAFTA, there was increased appreciation for its positive contributions to the U.S. economy. Plus, his hard stance against immigration from Mexico and the increased importance of the Latino base to the Democratic Party has made support for USMCA...
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.