Approps as Farm Bill Mini The Obama Administration has threatened a veto of the FY 2014 appropriations bill moving through the Republican-controlled House. Although the president's advisors complain about several provisions in the bill -- including funding the CFTC at 37 percent less than requested -- it is clear that like the debate over the farm bill, the proposed cuts in food aid programs (domestic and international) are the largest issue. But the House-passed appropriations bill will not be the one that goes to the president, and the White House is unlikely to veto an appropriations bill that ultimately passes a Democratic-controlled Senate. The left is charging Republicans with being inhumane on the issue, but even Senate Democrats...
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.