In a recent interview with Politico, House Agriculture Committee chairman Collin Peterson (D-Minnesota) confirmed that he hasn’t decided whether he will run for re-election in 2020. A big factor in his forthcoming final decision: the 2022 farm bill. According to Peterson, "It's getting harder every time to do a farm bill. It's a big commitment. So that's really what my main thing is — if I want to do that. Because then basically I feel like I have a responsibility to see it through.” The chairman is correct – farm bills are difficult. Consider the recent history. Congress passed a farm bill in 1990, but then passed the Food, Agriculture, Conservation, and Trade Act Amendments of 1991, which was then further r...
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.