World Perspectives

New House Speaker and the Farm Bill

Representative Kevin McCarthy (R-California) was removed as Speaker of the House this week and a new Speaker will be selected next week (if all goes according to schedule). The bottom-line question is: “what does this mean for the farm bill?”   WPI reached out to some ag lobbyist contacts (both from the producer and processor sides) and posed that very question. The response was unanimous: “we don’t know.” There were, however, some insights and perspectives that we’ll weave together to come up with a good attempt at a possible answer.  Note, an interim caretaker Speaker pro tempore was appointed, and he immediately called for a weeklong recess to let Members cool off and Republicans to re...

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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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