House Agriculture Committee Chairman Frank Lucas (R-Oklahoma) sent a memo entitled "Next Steps on 2013 Farm Bill" to the members of the committee on Tuesday regarding the process of passing this farm bill and the procedure ahead for conferencing with the Senate. As Chairman Lucas noted, there were more than 40 hearings, two mark-ups, 200 amendments and three years that went into the House bill. Regarding the split farm bill, the Chairman wrote, "...admittedly we have broken with recent tradition by sending the Senate a 'Farm-Only Farm Bill.' However, the vote last week was a critical step in completing the bill as soon as possible. The simple fact is we now have a vehicle with which we can put in place a formal process to send a final 201...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.