Congress is back in session after the 4th of July Independence Day holiday break. But there are only 12 days on the legislative calendar for the month; there will be a break next week for the Republican nominating convention, and then Congress adjourns for the August recess on 2 August. Legislators will be back for September but adjourn again in early October before the November elections. This doesn’t bode well for completing any legislation, including the farm bill. Note that on 30 September, the current farm bill extension expires, as does the current government funding. Currently no appropriations for FY 2025 (which starts on 1 October) have been approved by Congress. The House has passed 4 of 12 appropriations bills,...
What You Need to Know Today: Oil prices extended their rally Tuesday as disruptions to global supplies intensified. Saudi Arabia halted crude loadings at its Yanbu Red Sea port following the shutdown of the East-West Pipeline, while protests by oil-sector security workers forced the suspension...
The USDA has lowered its 2026 red meat production forecasts while leaving poultry almost unchanged. Beef is now projected at 24.877 billion pounds, 90 million pounds below August on slower Q3 fed cattle slaughter and lighter dressed weights, along with an anticipated counterseasonal cutback in...
Beef packer margins deteriorated to $156.75/head last week, down $46.05 from the prior week as fed cattle prices strengthened while gains in the Choice cutout were comparatively modest. The Choice cutout increased...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.