Complexity as Strength Activists are hoping to influence the drafting of the 2023 farm bill but there are two factors working against wholesale changes to the law: 1) high prices; and 2) possible Republican control of Congress. For years, the shear complexity of the massive law caused outsiders to shy away from its arcane details. However, as the size and sophistication of the influence community in Washington has grown, so has the boldness of ideas for changing the law. High food and energy prices are a large political concern and farm groups will be warning that undermining their economic safety net will cause food prices to rise even further. Rural areas tend to vote Republican and if tomorrow’s election delivers more power to the...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.