One congressional assertion is that making agriculture a bigger tent will ensure that future farm bills go more smoothly. Farm Bill Cost No Issue The Congressional Budget Office (CBO) will soon issue its revised cost impact of the 2014 Farm Bill based on the latest baseline estimates. Since crop prices are now forecast lower than those that were used when writing the new law and with states finding ways to avoid cuts in food stamp benefits, thus thwarting intended savings, the cost of the new farm bill is expected to rise substantially above that used to "sell" the bill to the public. However, when asked whether this new revelation will have any impact, a congressional staffer said that everyone is so tired of the farm bill CBO numbers th...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.