The bell to start the next round of the escalating U.S. trade scuffle with China rang late last evening with news that the Trump administration is preparing a new list of $200 billion worth of imported goods from there, which it proposes to subject to a 10 percent tariff. The list will be published for public comment with the objective of having these new tariffs in place by the end of August. When that happens, the total value of Chinese goods hit by U.S. tariffs will have reached $250 billion. This will exceed the total value of all U.S. exports to China by roughly $100 billion. As has been the case so far, China has vowed to retaliate against the proposed tariffs in “appropriate fashion”. But after putting tariffs on the bala...
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.