Congress returns to session this week and there are only nine legislative days on the calendar. The rise of the debate over the proper foreign policy response to Syria will have a significant impact on this reduced schedule. To recap, Congress must pass a continuing resolution (CR) to fund the government for FY 2014, which begins on 1 October. Additionally, the authorization of the Commodity Exchange Act expires on 30 September, as does the farm bill. Moreover, the federal government is expected to exceed the debt ceiling limit (which is set at a debt amount, not a date in time) by mid-October and that is likely to have a package of spending cuts attached to it.There is even talk of the House Energy and Commerce Committee having a draft o...
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.