Both the House and Senate Appropriations Committees are working within the constraints of keeping total discretionary funding at $1.014 trillion, which came from the December 2013 bi-partisan budget agreement.As we detailed in yesterday’s Livestock report, the House Agriculture Appropriations subcommittee has passed the agricultural appropriations bill for FY 2015. Today the full Senate Appropriations Committee considered the version reported by the Senate Ag Appropriations subcommittee earlier this week. That bill provides for $20.575 billion in discretionary spending, which is $305 million less than the House bill. In both the House and Senate bills, like the farm bill, the largest portion of the appropriations measure is for the Suppleme...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.