SOTU Tonight Speculation about the content in an upcoming presidential State of the Union (SOTU) address is usually just that – much speculation, but the Trump administration has advertised well in advance that tonight’s address will feature trade, immigration, the economy and the need for infrastructure investments. While lamenting the inequities for the U.S. in the current global trading regime, President Trump is expected to ask for a three-year extension in Trade Promotion Authority. Blocking an extension requires a majority vote by the Congress for a resolution of disapproval. As both chambers are controlled by the president’s own party, such action is unlikely. Separately, after hearing repeated requests by members...
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.