The U.S. National Pork Producer Council (NPPC) has issued a statement to the entire group of negotiators involved with the Trans-Pacific Partnership (TPP) that asserts Japan must agree to attempt to eliminate all tariffs on all products. Pork and TPP The U.S. National Pork Producer Council (NPPC) has issued a statement to the entire group of negotiators involved with the Trans-Pacific Partnership (TPP) that asserts Japan must agree to attempt to eliminate all tariffs on all products. NPPC has been joined by pork-producing groups in Mexico, Australia and Chile. Japan wants special treatment for pork and is trying to maintain its so-called gate price, which is predetermined. Pork that comes in above that price is assessed a relatively low d...
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.
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...