As we wrote yesterday, while the House Agriculture Committee finished its version of the reconciliation bill, the House Ways and Means Committee is working it its portion. Late yesterday, an outline of tax changes to pay for the reconciliation bill was released, which confirmed that the proposed changes to the stepped-up basis for capital gains that agriculture and commodity groups oppose was dropped from the Ways and Means bill. The next stage of the process for the tax provisions, however, lies with the Senate Finance Committee. Committee member, and opponent of the proposal that he has labeled a “political football,” Senator Charles Grassley (R-Iowa) says he is not sure what the majority side of the Committee “is think...
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: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...