The Senate will reconvene on Monday, 3 June and resume the farm bill debate. It will vote on the Moran amendment and the Coons-Johanns amendment.Alfalfa: Would require the Risk Management Agency (RMA) to conduct a feasibility study of creating an alfalfa crop insurance policy, offered by Senator Jerry Moran (R-Kansas).Food Aid: Would increase appropriated funds limit from $40 million to $60 million for field-based food aid projects, offered by Senator Christopher Coons (D-Delaware) and Mike Johanns (R-Nebraska).Congressional sources indicated to WPI that the Senate will hold a cloture vote on Tuesday to limit debate on the farm bill and that the farm bill should be finished by Thursday, 6 June. An amendment offered by Senator John McCain...
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
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.