World Perspectives

Ag Appropriations Skips House and Goes to Conference

The race is on to pass up to 12 appropriations bills before FY 2019 starts on 1 October. However, appropriations will probably instead be provided by a comprehensive bill (i.e., either a continuing resolution that extends current funding or an omnibus bill that could change baseline spending levels). In hope of making some funding priority changes and cutting other areas, Congress is trying to wrap up some mini-omnibus bills. While the House was in recess during August, the Senate passed such a package that included appropriations for USDA as well as for Interior, Housing and Urban Development, and Transportation. The House has not passed its own version of that funding but did vote to go straight to conference with the Senate before adjou...

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Cattle on Feed Report: Record Low Placements, Second Lowest Marketings

USDA’s monthly Cattle on Feed report was released today. Total cattle on feed amounted to 11.7 million head, 98 percent of last year.    Placements were the lowest for the month of November since the series began in 1996, dropping 11 percent on the year due to a tight cattle su...

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It’s Official, Cow-Calf Profits Hit Record for 2025

December is upon us and the fall calf run all but ended, the beef industry is finalizing its estimates of 2025 profitability and market performance. For cow-calf producers, the results from all but the last two weeks of the year indicate profits easily hit a record high, even on an inflation-ad...

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Market Commentary: Corn Firm, Bean Weak, Weak Wheat Rebound

Overall, it remains a sideways market with corn showing the most confidence but overall market weakness that is both seasonal, and reflective of the fundamentals. China’s purchases of soybeans are now humdrum, but rumor of a possible Chinese corn purchase added a little spice to the marke...

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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.

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