World Perspectives

Farm Bill Amendment Votes

After two hours of debate on the floor, the Senate today began voting on the 73 farm bill amendments. The following is an update as of 5 p.m. ET.The Grassley amendment passed with a striking majority. As we mentioned earlier today in the Special Report, there are several amendments on means-testing farm and conservation program payments. The Grassley vote is likely to set the standard for all the other means-testing type amendments for farm payments. Payment limits have been an issue in the 2002 and 2008 Farm Bills. The Bush Administration pushed hard for them but was unsuccessful. We see the high commodity prices, strong farm balance sheets and the huge federal deficit of the past four years as the impetus to change the political environme...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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