A planned work boycott by immigrant employees had an impact on the meat-packing sector.Immigration policy has been a contentious issue for years, but agriculture’s concerns about it have only heightened since the Trump administration took office promising to implement a hardline stance. While there have been no changes to date in that policy, the expectation of such and the rancorous ongoing debate are already having some impact in the economy with yesterday as an example. A social media-organized protest and work boycott called “A Day Without Immigrants” saw large numbers of immigrant workers absent from their jobs. Those boycotting work included packing plant employees, which slowed meat production. The estimated daily kill totals were 96...
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...