Utopian Agriculture Irony Debating the future of the Common Agricultural Policy (CAP) will be a major objective for the new politicians in Brussels and the twists and turns ahead are fascinating. First, there is the issue of crop protection. Chemophobia is in full swing with the demand to eliminate the use of chemicals in food production. Rational forces recognize this is a bridge too far and will cause productivity to fall too much for food security purposes. They argue that new breeding techniques that build protections into the plant itself is the future. This is especially true given the threats from climate change. However, this means getting environmentalists to agree to remove the shackle of the Novel Foods Directive s...
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...