House Majority Leader Eric Cantor (R-Virginia) released the House floor schedule on Friday, 20 July. The farm bill was nowhere to be found. This means that next week would be the only time between now and 10 September when Congress reconvenes to take up the farm bill, but that is unlikely to happen because the bill would not be completed in three to four days the week before recess. The House leadership's unofficial but party line stance is that the bill just does not have 218 votes to pass.It is anybody's guess as to what happens next with the farm bill, so we'll add our guess into the litany of gaming scenarios. Again, this is speculation based on the market, budget and political scenarios surrounding the bill.We easily can see a scenario...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.