Fiscal year 2021 ends 30 September. There is much work still to be done including funding the government past 1 October, extending key authorizations that are due to lapse, and potentially dealing with the debt limit. All of this while simultaneously trying to cobble together and gain support for the final budget reconciliation package. The Senate returned today from their August recess, while the House will be back next week. In the meantime, Congressional committees are continuing the process of determining the sections under their jurisdiction to satisfy the instructions in the giant reconciliation package. This morning, the House Agriculture Committee passed, on a party-line vote of 27-24, a bill that provides...
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.