World Perspectives

A Look at MFP Payments Through the WTO and the Federal Budget

On 24 July 2018, USDA Secretary Perdue announced a $12 billion trade mitigation package that would be administered in three parts: Food Purchases and Distribution, Ag Trade Promotion (to supplement the Market Access Program), and the Market Facilitation Program (MFP). The latter, which will account for the bulk of the funds, would make direct payments to producers of soybeans, sorghum, corn, wheat, and cotton as well as dairy and hogs. Since the MFP payments were to be based on 2018 actual production, there were questions regarding how they would be reported to the WTO in terms of U.S. compliance with its Amber Box cap of $19 billion. At the time, USDA didn’t anticipate that this relief package would cause the U.S. to exceed that all...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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