Only twice has a country filed a challenge in the WTO against another’s required notification of its domestic ag subsidies. The first was in May when the U.S. did so against India’s report on market support for wheat and rice during MY 2010/11-2013/14. The second time was yesterday when it filed another counternotification against India’s report of its cotton subsidies for MY 2015/16 (that for MY 2016/17 has not yet been submitted). India’s market price support (MPS) program payments operate as government purchases of the supported commodities at a guaranteed reference price. The limit of such payments under the WTO is 10 percent of the total market value of production (VoP), but the U.S. counter notice claims that...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
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.