Congress will return to session after the August recess in the coming weeks, the Senate next week and the House the following week. They will be in session for a short time before adjourning in October for the November elections. The conventional wisdom in Washington is that the Republicans are likely to take a majority in the House, which, if that happens, means new committee chairmen. For the House Agriculture Committee, that’s Representative Glenn Thompson (R-Pennsylvania). Thompson was at the farm progress show in Iowa this week and was questioned about the upcoming farm bill. He was clear that he opposes an extension of the 2018 farm bill, but that means the process must move swiftly next year. If he becomes chairman, he intends...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...