The House Budget Committee was expected to pass Chairman Paul Ryan's (R-Wisconsin) proposed budget last Wednesday, 12 March. They did. This Wednesday, 28 March, the plan is scheduled to go to the House floor, where probably it will pass.House Agriculture Committee Chairman Frank Lucas (R-Oklahoma) said not to read too much into the budget numbers, because the budget leaves the ag-related changes up to the Agriculture Committee. Indeed, there is talk of several specifics about crop insurance and other provisions, but it is all premature. This won't happen until there is a consensus between the two chambers. The reconciliation instructions to the House Budget Committee established a May deadline, and Congress is out of session during the firs...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
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.