The scope of agricultural subsidies is large and comes in many forms. According to the OECD, the estimated support to farmers was about $492 billion globally in 2012. China provided 34 percent of the total, while the U.S. contributed about 7 percent.The House Agriculture Committee held a hearing yesterday to review rising foreign agricultural subsidies. Professor Darren Hudson, director of the International Center for Agricultural Competitiveness at Texas Tech University, testified that according to the Organization for Economic Cooperation and Development (OECD), the estimated support to farmers was about $492 billion globally in 2012. China provided 34 percent of the total, while the U.S. contributed about 7 percent. Per Hudson, producer...
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.