News Updates EGYPT COMMENTS IMF officials are now in Cairo to negotiate the $4.8 billion loan that has been discussed for several months now. The IMF group is expected to be in Egypt for at least two weeks and will be reviewing the government's economic reform programs. The country is in need of economic programs that can reduce the budget deficit while still allowing the economy to grow. Currently about half of the government's subsidies, representing 27 percent of the total budget, relate to energy items. The Egyptian government said that it can only agree to loan terms that meet Islamic banking laws, and that it will not and cannot pay interest on any loan. The government also announced that there will be added taxes on cigarettes, mob...
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.