The Senate ag appropriations bill includes funding and reform proposals for two programs that will help make the farm bill slightly easier to craft next year.Following in the steps of the House Appropriations Committee, the Senate Appropriations Committee approved its FY 2018 agriculture appropriation bill yesterday. However, the Senate committee differed in that it made a few down payments on two major concerns teed-up for action in the 2018 Farm Bill, cotton and dairy. At issue is making cottonseed eligible as a minor oilseed under the farm support programs (see Ag Perspectives, 21 February) and participation in the dairy Margin Protection Program (MPP) more attractive to milk producers (see Ag Perspectives, 9 March).CottonThe Senate ag a...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.