Fire with Fire Some U.S. senators have introduced legislation that would prohibit states from enacting laws dictating how livestock are produced in other states. The bill will go nowhere and is thus a waste of hot breath. There are 20 states that have challenged California’s Proposition 12, which is at the heart of the senators’ legislative focus. Most of the 20 states have small, rural populations that do not drink a lot of wine. But collectively, they account for 18 percent of U.S. wine disappearance, which is mostly sourced from California. Their consumption accounts for $7.2 billion in sales, mostly benefiting California. A better way to get attention in Sacramento is to structure state requirements on grape growing since C...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...