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EPA Administrator Andrew Wheeler and Assistant Secretary of the Army for Civil Works (Army Corps of Engineers) R.D. James, yesterday announced EPA’s revised wetland rule under the Clean Water Act of 1977 (CWA) which will replace the Waters of the United States (WOTUS) rule promulgated in 2015. Since the 2015 WOTUS rule was issued it has been temporarily blocked by the courts in 28 states and thus is in effect in 22 states. The new rule will cover all 50 states. Over the past several years, the 2015 federal regulation covered Minnesota, Illinois, Ohio, and Oklahoma; most of the rest of the Midwest and Plains states grain belt and Southern soybean states were operating under pre-2015 rules on an interim basis. The re...
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.