Gary Blumenthal yesterday wrote about the newest Republican members of the House Agriculture Committee and the controversy surrounding the removal of Tim Huelskamp (R-Kansas). The following is a closer look at the new members and the Kansas situation.Dan Benishek (Michigan-1) is a private practice medical doctor and surgeon who also works at a Veteran's Administration Hospital. Benishek was elected in 2010 and previously served on the Veterans Affairs and Natural Resources Committees. Michigan's first district covers the northern part of the state and is the largest non-at-large district in the country. This is not a heavily agricultural district outside of Michigan's cherry producing region. It is, however, a big forestry area with a Mas...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.