Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill provides $26.27 billion in discretionary funds, which is $380 million less than FY2026 levels, but well above the President’s request. Recall, the President’s budget, (see here: World Perspectives) submitted on 3 April, called for USDA funding at $20.8 billion in discretionary budget authority for FY2027. In the bill, $22.5 billion of the funding would be appropriated to the Department of Agriculture, $675 million below the 2026 appropriated l...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
The overarching concern for China is that the rising cost of energy will reduce global trade demand at the same time that countries are becoming more protectionist. Trump Visit to China President Trump’s visit to China is in just over two weeks, though some question whether the trip...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.