World Perspectives

President’s Budget Cuts Crop Insurance

The cuts proposed to the crop insurance program were not incorporated into the farm bill, which makes it unlikely that Congress will act on them any time soon. The White House today released the president's FY 2015 budget proposal. It calls for $3.337 trillion in receipts and $3.901 trillion in spending for a deficit of $564 billion, compared with a projected deficit of $649 billion in FY 2014. Revenues rise 11.12 percent and spending grows 6.8 percent over the projected levels in FY 2014. In his budget message, the president states:Earlier this year, thanks to the work of Democrats and Republicans, the Congress produced an agreement that undid some of last year's severe cuts to priorities like education and research, infrastructure, and...

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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