Late last week, the House of Representatives voted to accept the budget resolution passed by the U.S. Senate, which provides for tax reform and would allow federal revenues to fall short of the current 10-year baseline by as much as $1.5 trillion. It is a far different provision than the original House budget resolution that called for any tax reform to be budget neutral and instructed the House Ways and Means Committee to come up with $52 billion in deficit reduction or approximately 25 percent of the total budget savings included in the budget blueprint. Further, the original House budget called for 10-year spending cuts in agricultural programs of $10 billion as a means toward deficit reduction and paying for tax reform. The Senate plan...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.