Yesterday we wrote about the forthcoming relief funds for COVID-19; today’s press stories are laying out the same scenario based on reports of what is happening at USDA and the Office of Management and Budget (OMB). The expectation is that payments will be made within weeks of the announcement. Like we advised yesterday, the initial round will be $15.5 billion, with a second round in July or August, though it is unclear how things will be divided. We do know that USDA received a forecast from Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri (MU) as the Department was putting together its own estimates and formulas and process for distributing the monies. Below is the farm cash income estimate by c...
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.