Congress will be preoccupied with fiscal matters this year. The following is a short look at the fiscal timeline that will dictate the upcoming schedule for the first part of 2013.In its letter to the House Budget Committee, the OMB noted that the delay and gridlock over fiscal policy has only yielded more delay and gridlock. The letter, which was a response to House Budget Committee Chairman Paul Ryan's letter of inquiry asking if the budget would be presented on time, averred that the president's proposal would be delayed. This underscores that the aforementioned deadlines-- except, maybe, the debt limit deadline -- are not all that hard and fast. For example, no budget resolution has been passed by the Senate (or the full Congress) for...
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.
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...