As we reported on Friday, the Senate released its 2012 Farm Bill proposal late on Friday. At the time of this report a revised draft is expected, though little is known what the revisions might be. Rumors on Capitol Hill indicate that Southern members may be unsatisfied with the rice and peanut provisions which sent staff back to the drawing board early this morning.As for another controversial commodity program, included in the draft is the dairy provision that we have flagged in previous reports. The Senate farm bill proposal contains a dairy provision similar to the Dairy Market Stabilization program originally proposed by the National Milk Producers Federation (NMPF) and introduced by House Agriculture Committee Chairman Colin Peterso...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.