At the moment, there is political inertia on a tax extender package. In part, this is because last year’s Protecting Americans from Tax Hikes (PATH) Act addressed 52 provisions expiring 31 December 2015. However, there are supporters of the initiative to address the biodiesel tax credit.President Obama signed a short-term appropriations bill into law on 29 September that will fund the government until 9 December 2016. Congress expects to return to a lame-duck session on 14 November in order to take up a longer-term appropriations bill for FY 2017 as well as a few other healthcare-related items. This session will also provide an opportunity to legislatively extend some expiring tax provisions, including the biodiesel tax credit that has a st...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.