Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill provides $26.27 billion in discretionary funds, which is $380 million less than FY2026 levels, but well above the President’s request. Recall, the President’s budget, (see here: World Perspectives) submitted on 3 April, called for USDA funding at $20.8 billion in discretionary budget authority for FY2027. In the bill, $22.5 billion of the funding would be appropriated to the Department of Agriculture, $675 million below the 2026 appropriated l...
From WPI Consulting
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.