The Congressional Budget Office (CBO) has scored the House farm bill as saving just more than $11 billion over 10 years. That is about $7 billion less than the Senate farm bill or $3 billion less without the changes made to the nutrition title which total $4 billion in savings.In other words, the Republican majority in the House, perceived to be dominated by the Tea Party, passed a farm bill without any Democratic votes that is more generous in spending than the Democratic-controlled Senate, an outcome certainly to be a surprise for many in the mainstream media covering the drama that is the farm bill process. The big difference is crop insurance. The House bill re-channels $8.9 billion back into crop insurance over 10 years. Th...
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.