EU Budget Quandary The EU is in a quandary about how to square its budget following the exit of the UK, which was a net positive contributor to the balance sheet. In addition to taking on new spending goals on the environment, farmers are demanding that their share of the budget not be cut. The Common Agricultural Policy has consumed a declining share of the overall EU budget for years, dropping from nearly 60 percent in the late 1980’s on average to a projected 30 percent going forward. U.S. agricultural support spending has already been a relatively small share of the overall federal budget but has risen in dollar expenditures in recent years. The following graph shows the relative decline in EU outlays versus the recent rise in U...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...