World Perspectives

Reconciliation Bill Increases Crop Payments

The reconciliation bill signed into law on 4 July, aka the One Big Beautiful Bill, increased statutory reference prices under the Agricultural Risk Payments (ARC) and Price Loss Coverage (PLC) programs and made some changes to the effective reference prices (ERP) which are used to calculate payments under the PLC and affects the benchmark under the ARC calculations. These changes were tucked into the budget reconciliation legislation which included much of the farm bill, effectively reauthorizing it and making changes to policies.   CBO projects a net reduction in farm bill spending by the reconciliation bill to be $120.25 billion over 2025-2034. That reduction includes a total $185.9 billion cut for food assistance in the Supplem...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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