USMCA to the Fore The Trump administration’s lifting of tariffs on aluminum and steel from Canada and Mexico has moved consideration of the USMCA agreement to the fore but not without some remaining challenges. The U.S. House Ways and Means Committee holds a hearing this Wednesday on the enforcement provisions of the agreement, a specific focus of concern for Democrats. There will be no government witnesses. Instead, the committee will hear from organized labor, environmentalists, an agribusiness representative and a former congressional staffer with experience in trade agreements. The witnesses are reflective of areas of concern, but perhaps not all are completely lacking in bias. The outcome is likely to increase the committee&rsqu...
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...