The cattle marketing bill we reported was being developed (9 November) was introduced yesterday in both the House and Senate. It is a mash-up of two cash mandate bills; the 50/14 mandate requiring beef packers to purchase 50 percent of the fed cattle they slaughter each day on a negotiated cash, spot-market basis, and delivered and slaughtered within 14 days, proposed by Senator Charles Grassley (R-Iowa), and the regional mandatory minimum of negotiated purchases proposal put forth by Senator Deb Fischer (R-Nebraska). In the House, the plan is sponsored by Representative Cindy Axne (D-Iowa). Senator Joni Ernst (R-Iowa) said of the bill, Iowa’s independent cattle producers who participate in the negotiated cash market are facin...
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...
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.