As we reported on 12 February, the House Agriculture Committee passed its portion of the budget reconciliation bill to conform with the FY 2022 budget resolution. The measure passed on a party line vote of 24 to 23, and all amendments – save one – failed on a party line vote. That amendment, to provide targeted disaster relief to the derecho wind storm damage in Iowa was stripped from the final bill which passed the full House by a vote of 219–212 this weekend. Specifically, that amendment allowed 2020 disaster relief to be included in the $4 billion pool of funds at the Secretary’s discretion and it passed by one vote with Representative Cindy Axne (D-Iowa) joining a party line Republican vote. One other change to...
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...