The underlying fundamental issue with crop insurance is its actuarial soundness, and gaining higher levels of coverage through premium subsidies has been a key leveraging tool to bring more acres with better actuarial histories into the program.As commodity markets went on a multi-year bull run over the past few years, crop insurance costs grew accordingly, exceeding $8 billion. Together with the 2011 renegotiation of the Standard Reinsurance Agreement, this brought new attention to the federal crop insurance program and the various subsidies imbedded in it. While the agriculture sector rallied around crop insurance as the new, primary risk management tool in the last farm bill debate, outside factions that included budget hawk public...
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: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...