Steel Threats President Donald Trump is set to announce his decision tomorrow on Section 232 duties to be applied to imported steel and aluminum products. Today the EU disclosed the various American products that could face $2.8 billion worth of punitive tariffs if its steel is included in the Trump announcement. Since Section 232 is enshrined in U.S. rights under the WTO, Brussels technically needs to go through the Dispute Settlement Body process to have it overruled. Otherwise, Mr. Trump can simply declare his counterretaliation. The EU mentions these products in an effort to get the U.S. to unilaterally withdraw and thus avoid elongated litigation. It is somewhat effective since the White House is already hinting that it may exempt Can...
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.