Today at a public meeting of the White House Competition Council, President Biden announced the second of three promised livestock marketing rules under the Packers and Stockyards Act (PSA): the proposed Inclusive Competition and Market Integrity Rules “to protect farmers and ranchers from abuse.” These rules have been more than a year in the making, with the Administration issuing a request for information in March 2020, and an Executive Order in July 2021. As we reported, the first rule on the poultry “tournament pricing” system was proposed on 19 May. As we noted, This troika of rules is essentially a redux of the then-Grain Inspection Packers and Stockyards (GIPSA) rules put out by the Obama Administration...
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.