Stopping Transition Volatility Policymakers set targets related to sustainability to achieve desired end goals. These include reducing pesticide use by 30 percent, mandating 10 percent ethanol blends, or ending internal combustion engine automobiles by 2030. These inflexible policies lead to volatility when successor technologies fail to materialize, or efficiently fill the gaps that are created. Brazil at least operates countercyclical biofuel policy whereas a fifth of U.S. corn goes into ethanol no matter the price per bushel. And there are 17 different gasoline formulations used in the U.S. depending on the local environmental conditions. Any shortfall in supply requires a lengthy EPA process before alternative formulations can be used...
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.
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...