Many of those starting up small and local farms are first-time farmers, but it is a fad that is unlikely to last for economic and labor reasons. NAFTA Reality As NAFTA renegotiation gets underway this week, U.S. Trade Representative Robert Lighthizer complained about the trade surpluses held by Canada and Mexico. He said that he wants a deal that provides more balance and reciprocal trade. The U.S. economy is 19 times larger than Mexico’s and 12 times larger than Canada’s. Americans earn 23 percent more than their Canadian counterparts and 300 percent more than Mexicans. The rules cannot be skewed enough to erase those defining differences. Farming Reality The Global Impact Investing Network claims that 63 percent of its investors are p...
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.