World Perspectives

Congress Votes to Reverse WOTUS; President Promises Veto

On 3 March, WPI reported that the House Committee on Transportation and Infrastructure passed a “resolution of disapproval”, 30 to 24, which calls for a repeal of the Administration’s waters of the United States (WOTUS) wetlands regulation rule. That resolution made its way to the House floor on 9 March and passed by a vote of 227 to 198. The Senate passed the same resolution on Wednesday of this week by a vote of 53-43. As previously noted, this was done under the auspices of the Congressional Review Act (CRA), which establishes a procedures for a “joint resolution of disapproval,” for regulations issued by federal agencies. The White House issued a Statement of Administration Policy (SAP) on the House Resolu...

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livestock

Livestock Industry Margins

Beef packer margins reversed sharply to -$17/head from $120/head the prior week, as rising fed cattle prices more than offset a modest decline in the Choice cutout. Fed cattle prices increased $12.92/cwt from the prior week while the cutout slipped $3.24/cwt, compressing gross margins and pushi...

feed-grains soy-oilseeds wheat

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The CBOT markets were surprisingly insulated from a jump in crude oil that started the week. Crude oil futures rallied to $115/brl - their highest levels since the earliest days of the U.S.-Iran war - on rhetoric from the White House that signaled an escalation in the conflict. While the oil he...

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Under the theory of economies of scale, the size of farms, like that of all industries, should increase over time due to improvements in productivity. Farmers themselves understand that the more land they farm, the greater their output and, thus, the larger their potential incomes. Government p...

feed-grains soy-oilseeds wheat

Summary of Futures

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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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