Here is a rundown of the amendments adopted by the House Agriculture Committee during its markup on Wednesday.As indicated by the number of voice votes, no real major controversial changes were made to the House Agriculture Committee chairman's mark of the farm bill. Most of the of the controversy came with regard to the nutrition title and amendments targeted toward cutting more from the Supplemental Nutrition Assistance Program (SNAP) or adding money back in. As clients will recall, the House Agriculture Committee passed a reconciliation bill earlier this year that found all $33 billion in required savings from SNAP (wee WPI 8 May 2012). Representative Tim Huelskamp offered a similar amendment in Committee that was defeated (the plan pass...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.