On 30 April , we reported about inflation, massive government spending, and the reopening economy. As we wrote: Alleviating supply chain bottlenecks and rebuilding inventories across more sectors as the economy starts moving back to normal is causing only “transitory” inflation in the Fed‘s perspective. If the Fed is right, it is a smooth transition of the COVID economy. If not, they’ll have to revisit their outlook for holding interest rates steady until 2023 and the economy could be more of a roller coaster. At yesterday’s meeting, they started the process of possibly revisiting their outlook. That was one of their so-called dot-plot meetings, which refers to a chart the committee issues wit...
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.