The Dodd-Frank Act was signed in 2010 after the 2008-2009 financial crisis. Its purpose was to protect consumers and the stability of the financial system, but doing so set a high regulatory bar for all banks, especially smaller community banks.Senator Pat Roberts (R-Kansas) and Representative Michael Conaway (R-Texas), respective chairmen of the Senate and House Agriculture Committees, have expressed their concern over the declining number of community banks in the U.S. and questioned the role of Dodd-Frank in that development. Both attended a forum on access to credit for agricultural producers that was held at the Kansas State Fair this weekend and targeted the Dodd-Frank Act, which established new financial regulations. Conaway noted th...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
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.