World Perspectives

The Farm Bill’s Path Forward

As clients will recall, the House farm bill was sunk in May on a vote of 198-213. No Democrats voted for it due to the work requirement reforms pertaining to the Supplemental Nutrition Assistance Program (SNAP). Further, 30 Republicans voted against the bill. They were primarily from the conservative Freedom Caucus, which made the tactical move to leverage the farm bill to secure a vote on immigration reform. As of yesterday, a path forward for the House farm bill started to emerge. House Agriculture Committee Chairman Michael Conaway (R-Texas) is working a whip count on the Republican side, meeting with the 30 members who opposed the farm bill as well as the seven who missed the vote and whose position on the legislation is unknown. The g...

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Sugar Supply and Demand Situation

Mexico’s 2025/26 sugar production is estimated to be 5.024 million MT, reflecting about a 6 percent increase from 4.7 million MT after the past two years of weather-affected output, including both persistent drought and ill-timed rains. Nonetheless, production remains near the low end com...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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