World Perspectives

Impact of Potential Government Shutdown

It is 30 September, the last day of the fiscal year. Congress must pass a funding bill by midnight tonight or face a government shutdown. The odds are that a shutdown is coming, given the House is in recess until tomorrow, 1 October. President Trump met with the top Congressional leadership at the White House today to try to work out an agreement, but the outcome of that is unclear.  The House has a Continuing Resolution (CR) already, which keeps funding at 2024 levels through 21 November, buying time for longer term negotiations, including the Affordable Care Act insurance premium subsidies and tax credits. The Democrat position is that those payments, which expire in January, need to be part of the deal as Americans sign up for Obama...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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