One congressional assertion is that making agriculture a bigger tent will ensure that future farm bills go more smoothly. Farm Bill Cost No Issue The Congressional Budget Office (CBO) will soon issue its revised cost impact of the 2014 Farm Bill based on the latest baseline estimates. Since crop prices are now forecast lower than those that were used when writing the new law and with states finding ways to avoid cuts in food stamp benefits, thus thwarting intended savings, the cost of the new farm bill is expected to rise substantially above that used to "sell" the bill to the public. However, when asked whether this new revelation will have any impact, a congressional staffer said that everyone is so tired of the farm bill CBO numbers th...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.