Fixing Farm Supports The best defense is an offense, and China and India are demanding that the rich countries reduce their farm support payments. The demand is rather rich given that producer support estimates (PSEs) have fallen in the rich countries at the same time they’ve skyrocketed in China and most likely in India as well. According to the OECD, the PSE for the EU has fallen 47 percent over the past 20 years, while the comparatively smaller U.S. PSE has dropped 20 percent. By contrast, as China has grown richer, it has increased its PSE by 580 percent over the same period. The OECD argues that agricultural support policies are poorly aligned with defined objectives. Notably, U.S. farmers believe the farm bill is strongly link...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.