As we reported on 16 November, a transition memo for USDA was issued from Duke University’s Climate 21 Project proposing a CCC-run carbon bank. Robert Bonnie, formerly Undersecretary for Natural Resources and Environment at USDA in the Obama Administration, was the primary author of the memo; he’s now Deputy Chief of Staff for Policy and Senior Advisor for Climate to the Secretary on Climate. USDA’s plans for a carbon bank are moving forward and could be unveiled yet this year. Depending on what is developed, it could meet with some controversy. There is, however, near unanimous agreement from the agriculture sector that farm and pasture land present a great opportunity for greenhouse gas (GHG) sequestration and an opport...
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.