Since it is election day in the U.S., we look at how farm income has performed under various presidents. Presidents receive the credit or blame for the overall economy whether it is deserved or not. As the current farm payments attest, presidents likely have more control over farm income than the national accounts. President Franklin Roosevelt entered office with farms imploding from the Dust Bowl and an economic recession, but his Agricultural Adjustment Act of 1933 turned things around. He served a record 12 years in the White House and gets credit for the largest run of compound annual growth in farm income. His immediate predecessor, Herbert Hoover, had the worst. Richard Nixon had little interest in agriculture, but the second-...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.