World Perspectives

Farm Bill Placeholder Bills Put Forward

Some recent legislative developments on Capitol Hill are a good sign that the farm bill is still in the process of being baked; lawmakers are introducing and moving on various “placeholder” proposals to position them for the farm bill debate. First, California Proposition 12. As Gary Blumenthal mentioned today, there is a bill in the Senate to block Prop 12. Senator Roger Marshall (R-Kansas) introduced the measure which would address California’s Proposition 12 – upheld by the Supreme Court on 11 May – and Massachusetts’ Question 3, with a two-pronged approach. First, it would prohibit regulations like Prop 12 and Question 3 by prohibiting states from “imposing a standard or condition of the prehar...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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