The 2023 farm bill process is under way with both the House and Senate Agriculture Committees having several hearings completed or scheduled. On 16 March, the Senate Agriculture Committee will receive testimony from Secretary Vilsack. For his part, the Secretary, in various speeches to date, has laid out his priorities for the farm bill: increasing markets for ethanol and sustainable aviation fuel; finding new energy markets for farm waste including methane; and growing value-added opportunities, such as developing a premium for climate-smart products. However, during the Senate hearing on commodity programs, USDA Undersecretary Robert Bonnie said the Administration has no additional plans to expand USDA’s pilot projects to develop &l...
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...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
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.