Lower crop prices and farm income together with pressure for new products are leading to a wave of consolidation in the ag sector. One of the little-discussed, major implications of this will be the effect on the K Street lobbying corridor in the nation’s capital.Lower crop prices and farm income after historic highs in several recent years together with pressure for new products are forcing agricultural input companies to look at creating a deeper pool of resources, and this is leading to a wave of consolidation in the ag sector. That was exemplified by the news this week that Bayer A.G. has successfully completed terms to acquire Monsanto. Bayer will pay $128 per share of Monsanto in cash and will assume its $10 billion in debt. This foll...
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.
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...