Gasoline prices always are a key factor in politics each summer, starting from Memorial Day in May, through the busy summer driving and vacation season, to Labor Day in early September. This will be especially so this year as Congress debates biofuels policy and other energy issues. These include the Keystone XL pipeline, the Environmental Protection Agency's (EPA) proposed rule on reducing sulfur emissions, and the federal budget, which has many petroleum industry tax provisions on the table. Thus, it is worth a look at what the Department of Energy is predicting for summer gasoline prices.According to the Energy Information Administration (EIA), both gasoline and diesel prices are down. The average retail price of regular gasoline acros...
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.