There are five new members of the Senate Ag Committee. Given the 50/50 split in the Senate, there will be an even split on the Committee, 11 Democrats and 11 Republicans (the ratio during the last Congress was 11 Republicans and nine Democrats). Given that the Senate is under Democratic control with Vice President Harris as the tie breaker, Senator Debbie Stabenow (D-Michigan) will be the Committee chairwoman. The new majority Democrat members appointed to the panel are: Senator Cory Booker (New Jersey) who has been active in proposing legislation and pursuing ag policy for several years, but with his objectives so far out of the consensus mainstream production agriculture perspective and no seat on the Committee, they’ve had little...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.