Congress will be in recess next week for the President’s Day holiday and in-district work time. They will return on 1 March, which leaves 10 days to come up with funding for the rest of the fiscal year through 30 September. Yesterday the Senate passed a continuing resolution by a vote of 65-27; it was passed by the House on 8 February, by a vote of 272-162. The bill provides funding from now until 11 March. Livestock Price Reporting The appropriations bill contained funding to continue the livestock reporting program (the authorization expired on 30 September 2021). It increasingly looks like Congress will just extend livestock price reporting for the remainder of the fiscal year and work on a new reauthorization prior to 30 Se...
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.
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...