Farm Bill Markup: The U.S. Senate Agriculture Committee will markup its version of a farm bill (similar to the one passed last year) next Tuesday and the following day the House Agriculture Committee will markup a farm bill version similar to the one it approved last year -- and just like last year, that is where the similarities stop. The House version will cut spending by 50 percent more than the Senate, and half the cuts will come from the food stamp program. Moreover, the policy differences are stark enough between the two that a conference committee negotiation between the two sides makes possible some surprising compromises.Insurance Policy for Crop Insurance: A compromise between U.S. farm commodity groups and conservation groups (...
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...
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.