Sustainability Goals Returning USDA Secretary Tom Vilsack says that agriculture is ready to embrace the goals of slowing climate change. President Biden has issued several executive orders limiting fossil fuel development and more are forthcoming. However, his centrally planned Build America Better infrastructure plan is set to reverse any gains due to increased emissions from the required boost in cement, steel, and plastic production. Meanwhile, the Conservation Reserve Program (CRP) has shrunk from 33 million acres to 23 million acres and proponents are now calling for it to be expanded to 50 million acres. The CRP was begun as a conservation program but was greatly expanded in the 1980’s as a production limitation initiative. Wit...
What You Need to Know Today: Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has threatened to do next week if negotiations between the two nations do not resume. President Trump is scheduled to deliver a primetime addre...
Turkeys for Thanksgiving are typically placed this month. Turkey production has suffered from HPAI and other diseases for the past two years, and placements are still down overall. However, at more than 34 pounds per bird, overall production is being supported by heavier weights and increased p...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
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.