The new Republican-controlled Senate in the upcoming 114th Congress was expected to pass the legislation approving the permit. However, the current lame-duck session is now expected to take a vote.One of the marquee issues for the next Congress, the Keystone KL pipeline, is being readied for a vote during the current lame-duck session. A vote is scheduled in the Senate this evening after the publication of this report. The chief argument against this project is that it will tap Canadian tar sands oil, which is a higher sulfur oil. That has environmentalists opposing the project with the sympathy of the administration. Republicans and energy industry advocates view the pipeline as a step toward accessing more oil in North America and a means...
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.