It looks like the Senate Democrats have avoided a game of “musical chairs” for the ranking minority member spots on the Senate Agriculture Committee and other panels, meaning current Ranking Member Debbie Stabenow of Michigan will likely stay in place. The issue revolves around the Energy Committee: current Ranking Member Maria Cantwell of Washington is expected to give up that spot to be ranking member on the Senate Commerce Committee after the defeat of the current holder, Senator Bill Nelson of Florida. This puts Senator Joe Manchin of West Virginia in line to lead the Democrats on the Energy Committee. Because Manchin is from a coal state and expected to not be aggressive in pushing climate change legislation or perhaps ev...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.