While the WTO approved $1 billion in retaliatory tariffs over the U.S. country-of-origin labeling (COOL) law, which will be imposed by Canada and Mexico as early as next week, the emergence of a short-term continuing resolution provides Congress a few more days to deal with a fix for the regulation.If there was any certainty on Capitol Hill this week, it was that federal funding expired on 11 December and there would not be another short-term continuing resolution (CR). Neither party in Congress wanted another one, the president said he would not sign it and both houses of Congress passed a bipartisan budget deal to create an omnibus spending bill for the remainder of FY 2016. Since then, however, the WTO approved $1 billion in retaliatory...
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.