Assuming the Republicans maintain their majority in the House, there will be a number of committee gavels to pass. This includes the House Agriculture Committee. The Republicans have term limits on chairmanships, which combined with key retirements assure such changes.Regardless of what happens in the November elections, the House committees in the new Congress are going to see a great deal of turnover in their chairmanships. This includes the House Agriculture Committee. Assuming the Republicans maintain their majority in the House, there will be a number of committee gavels to pass. The Republicans have term limits on chairmanships, which combined with key retirements assure such changes. Some committees have their chairmen appointed by t...
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.
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...