Several Republican candidates are challenging the 2014 Farm Bill for its failure to cut food stamps more and better address its corporate welfare. Frustration over the new law, though, may not come from Tea Party purists alone. Farm Bill Frustrations The Wall Street Journal highlighted today how the new farm bill "...Has Become a Midterm [election] Flash Point." Despite agriculture being an important sector in the states or districts where they are running for office, several Republican candidates are challenging the new law for its failure to cut food stamps more and better address its corporate welfare. Some are also signaling lukewarm views toward the ethanol mandate. It is a risky strategy, but these politicians could forecast a chang...
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.
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...