Now that the ag portion of the budget reconciliation bill has passed, there are still some big plans and major new initiatives planned by the Agriculture Committee leadership and USDA, including racial equity initiatives and climate policies. Already, several Senate Agriculture Committee members have introduced a bill for USDA to purchase farmland offered for sale, at market prices, to provide in 160-acre parcels to Black farmers. Both chairs of the Senate and House Agriculture Committees are scheduling very early hearings on climate policies. Antitrust issues are also at the top of the list with the effort lead by members of the Agriculture Committees. Fed cattle marketing regulations have bi-partisan support, and nutrition programs are l...
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.