As WPI covered on 29 July, after many months of negotiating with Senator Joe Manchin (D-West Virginia), Senate Majority Leader Chuck Schumer (D-New York) came to an agreement for a much scaled down version of President Biden’s Build Back Better plan that Manchin and Senator Krysten Sinema (D-Arizona) scuttled in 2021. After several days of consultation with Sinema, she came on board too. The bill is known as the Inflation Reduction Act. To gain her support, Schumer had to take out the provision to eliminate the carried interest provision, which taxes private equity and venture capital income at 15 percent rather than a higher applicable income tax rate. She also got some changes to the 15 percent book profit corporate minimum tax, an...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.